| Schedule of Debt Obligations |
Debt obligations consist of the following:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
As of |
|
|
|
March 31, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
|
|
|
|
|
|
|
Revolver facility |
|
$ |
61,500 |
|
|
$ |
56,000 |
|
Debt issuance costs |
|
|
(2,158 |
) |
|
|
(2,386 |
) |
Revolver facility, net |
|
$ |
59,342 |
|
|
$ |
53,614 |
|
|
|
|
|
|
|
|
Term loan |
|
$ |
316,875 |
|
|
$ |
320,938 |
|
Debt issuance costs |
|
|
(1,208 |
) |
|
|
(1,348 |
) |
Term loan, net |
|
$ |
315,667 |
|
|
$ |
319,590 |
|
Total debt obligations, net |
|
$ |
375,009 |
|
|
$ |
373,204 |
|
The principal balance consists of the following tranches:
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|
|
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|
|
|
As of March 31, 2026 |
|
|
Principal Amount |
|
|
Base Rate |
|
|
SOFR Rate |
|
|
Rate Expiration Date |
Term Loan |
|
|
316,875 |
|
|
|
2.60 |
% |
|
|
3.80 |
% |
|
5/5/2026 |
Revolver - Tranche 1 |
|
|
12,500 |
|
|
|
2.60 |
% |
|
|
3.67 |
% |
|
5/28/2026 |
Revolver - Tranche 2 |
|
|
24,000 |
|
|
|
2.60 |
% |
|
|
3.67 |
% |
|
4/23/2026 |
Revolver - Tranche 3 |
|
|
10,000 |
|
|
|
2.60 |
% |
|
|
3.65 |
% |
|
5/19/2026 |
Revolver - Tranche 4 |
|
|
8,000 |
|
|
|
2.60 |
% |
|
|
3.65 |
% |
|
5/17/2026 |
Revolver - Tranche 5 |
|
|
7,000 |
|
|
|
2.60 |
% |
|
|
3.68 |
% |
|
4/17/2026 |
Total |
|
|
378,375 |
|
|
|
|
|
|
|
|
|
|