v3.25.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2024
DEBT [Abstract]  
Summary of Outstanding Debt

 

As of

 

 

December 31,

 

 

December 31,

 

 

2024

 

 

2023

 

First Lien Term Loan (due November 2031)

 

$

2,750,000

 

 

$

2,728,766

 

Secured Commercial Loans

 

 

30,267

 

 

 

31,867

 

Notes Payable

 

 

4,800

 

 

 

4,267

 

Total principal

 

 

2,785,067

 

 

 

2,764,900

 

Unamortized discount

 

 

(10,154

)

 

 

(9,478

)

Unamortized debt issuance cost

 

 

(12,631

)

 

 

(15,951

)

Total debt

 

 

2,762,282

 

 

 

2,739,471

 

Less: Current portion of long-term debt

 

 

(26,977

)

 

 

(22,833

)

Total long-term debt

 

$

2,735,305

 

 

$

2,716,638

 

Schedule of Maturities of Debt

The Company will be required to repay the following principal amounts in connection with its debt obligations (in thousands):

 

2025

 

$

30,000

 

2026

 

 

29,900

 

2027

 

 

29,900

 

2028

 

 

53,567

 

2029

 

 

28,100

 

Thereafter

 

 

2,613,600

 

 

$

2,785,067