Debt

6 Months Ended

May 31, 2023

Debt Disclosure [Abstract]

Debt

Debt

As of May 31, 2023, future maturities of the Company's long-term debt were as follows:

(In thousands)	2026 Notes		Revolving Line of Credit		Term Loan		Total
Remainder of 2023	$	—	$	—	$	3,438	$	3,438
2024	—		—		13,750		13,750
2025	—		—		20,625		20,625
2026	360,000		—		20,625		380,625
2027	—		170,000		206,250		376,250
Total face value of long-term debt	360,000		170,000		264,688		794,688
Unamortized discount and issuance costs	(6,304)		—		(2,351)		(8,655)
Less current portion of long-term debt, net	—		—		(9,671)		(9,671)
Long-term debt	$	353,696	$	170,000	$	252,666	$	776,362

The revolving line of credit has a term that ends on January 25, 2027, at which time all amounts outstanding must be repaid. During February 2023, we partially funded our acquisition of MarkLogic by drawing down $195.0 million under the revolving line of credit. As of May 31, 2023, there was $170.0 million outstanding under the revolving line of credit.