| Schedule of Outstanding Borrowings |
The following table represents the components of our borrowings: | | | | | | | | | | | | | | June 30,
2025 | | December 31,
2024 | | Senior secured and senior unsecured notes: | | | | | Principal amount, senior secured notes due 2030 | $ | 1,457.0 | | | $ | 1,460.0 | | | Principal amount, senior unsecured notes due 2031 | 510.0 | | | 510.0 | | | Unamortized discount | (21.7) | | | (23.5) | | | Unamortized debt issuance costs | (26.5) | | | (28.8) | | | Senior secured and senior unsecured notes, net of unamortized discount and debt issuance costs | 1,918.8 | | | 1,917.7 | | | | | | | Senior secured revolving credit facilities and term loans: | | | | | Term loans due March 2030 | 1,581.0 | | | 1,581.0 | | Senior secured revolving credit facility due April 2029 | 225.4 | | | 205.0 | | | Unamortized discount | (29.0) | | | (31.3) | | | Unamortized debt issuance costs | (29.8) | | | (32.3) | | | Senior secured revolving credit facility and term loan, net of unamortized discount and debt issuance costs | 1,747.6 | | | 1,722.4 | | | | | | Other debt facilities | 2.3 | | | 1.5 | | | | | | | Total debt, net of unamortized debt issuance costs | 3,668.7 | | | 3,641.6 | | | Less: Current maturities | 1.5 | | | 0.9 | | | Long-term debt | $ | 3,667.2 | | | $ | 3,640.7 | |
The following table summarizes the carrying values and fair values of our actively quoted debt instruments (1): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | Carrying Value | | Fair Value | | Carrying Value | | Fair Value | | Term loans due March 2030 | $ | 1,522.2 | | | $ | 1,587.9 | | | $ | 1,517.4 | | | $ | 1,589.9 | | | Senior secured notes due 2030 | 1,425.6 | | | 1,527.6 | | | 1,425.6 | | | 1,517.9 | | | Senior unsecured notes due 2031 | 493.2 | | | 544.7 | | | 492.2 | | | 546.9 | |
_______________ (1)The debt instruments noted above are actively quoted instruments and, accordingly, their fair values were determined using Level 1 inputs.
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