LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2023

LONG-TERM DEBT

Schedule of quarterly repayments

2023 CoBank Term Loan Quarterly Payment Dates	2023 CoBank Term Loan Quarterly Repayments
December 31, 2023 – June 30, 2025	$812,500 (2.5% per annum)
September 30, 2025 – June 30, 2026	$1,625,000 (5% per annum)
September 30, 2026 – June 30, 2029	$2,437,500 (7.5% per annum)

Schedule of future principal repayments annual maturities of the Company's debt instruments

The table below summarizes the annual maturities of the Company’s debt instruments (amounts in thousands).

									Customer
	US		International		Corporate and		Total		Receivable
	Telecom		Telecom		Other (1) (2)		Debt		Credit Facility
2023 (excluding the six months ended June 30, 2023)	$	3,834	$	3,773	$	—	$	7,607	$	3,227
2024		16,536		—		—		16,536		6,787
2025		14,969		—		—		14,969		7,083
2026		232,469		60,000		—		292,469		7,393
2027		3,723		—		—		3,723		7,718
Thereafter		14,028		—		138,000		152,028		14,794
Total		285,559		63,773		138,000		487,332		47,002
Debt Discounts		(4,899)		(295)		—		(5,194)		(543)
Book Value	$	280,660	$	63,478	$	138,000	$	482,138	$	46,459

(1)Corporate and other items refer to corporate overhead costs and consolidating adjustments.

(2) On July 13, 2023, the Company refinanced $138.0 million of debt outstanding under the 2019 CoBank Credit Facility extending the maturity date of the revolving credit facility to July 13, 2028.