v3.25.4
Interest Bearing Liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
Interest Bearing Liabilities [Abstract]  
Summary of Interest Bearing Liabilities
The following is a summary of the Company's interest-bearing
liabilities at December 31, 2025 and 2024:
(US$ thousands)
December 31,
2025
December 31,
2024
Weighted Average
Interest Rate at
December 31, 2025
Final
Maturity
9.25
0% Senior Secured Notes
$
400,000
$
400,000
9.99
%
(2)
2029
ABL Facility
272,115
—
9
.00%
2030
Loan - Curragh Housing Transaction
24,748
24,472
14.14
%
(2)
2034
Debt issuance costs
(1)
(10,203)
(12,165)
Total
interest bearing liabilities
686,660
412,307
Less: current portion
(1,671)
(1,363)
Non-current interest-bearing liabilities
$
684,989
$
410,944
(1)
Relates to debt
issuance costs in
connection with the
2029 Notes and
Curragh Housing Transaction
(as defined below).
Deferred debt
issuance costs incurred in connection
with the establishment of the ABL
Facility have been included within
"Other non-current assets" in the
Consolidated Balance Sheets.
(2)
Represents the effective interest rate.
The effective interest rate is
higher than the implied interest rate
as it incorporates the effect of debt
issuance costs and discount, where applicable.