v3.25.2
DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following tables summarize the Company’s cross currency swap arrangements as of June 30, 2025 (Successor) and December 31, 2024 (Predecessor) (in thousands):
Hedge DesignationNotional SoldNotional Purchased
Cross currency swapsEconomic Hedges461,595 £387,531 
Cross currency swapsNet Investment Hedge£546,759 $700,000 
The following table summarizes the Company’s cash flow hedges as of June 30, 2025 (Successor) and December 31, 2024 (Predecessor) (in thousands):
SuccessorPredecessor
June 30, 2025December 31, 2024
Cash Flow HedgesIndexNotional AmountNotional Amount
Interest rate contracts - swapsUS - SOFR$1,500,000 $1,500,000