v3.26.1
Debt
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt Debt. Outstanding debt balances were as follows:
June 30, 2026December 31, 2025
2030 Senior Secured Notes$950.0 $950.0 
Other21.7 20.7 
Long-term debt$971.7 $970.7 
Long-term deferred financing fees(28.8)(32.2)
Total outstanding debt$942.9 $938.5 

7.75% Senior Secured Notes Due 2030. On December 18, 2024, the Company issued $950.0 in aggregate principal amount of 7.75% Senior Secured Notes due 2030 (2030 Senior Secured Notes) to qualified institutional buyers in a private placement exempt from the registration requirements of the Securities Act of 1933. The 2030 Senior Secured Notes were issued at par.

Revolving Credit Agreement. On December 18, 2024, the Company entered into a credit agreement (Credit Agreement) for a $310.0 revolving credit facility maturing on December 18, 2029 (Revolving Credit Facility). Borrowings under the Revolving Credit Facility bear interest at an adjusted secured overnight financing rate plus a margin of 2.75% to 3.50% per annum or an adjusted base rate plus a margin of 1.75% to 2.50% per annum, in each case based on the consolidated first lien debt ratio of the Company and its restricted subsidiaries. As of June 30, 2026, no amounts were outstanding under the Revolving Credit Facility.

Below is a summary of financing information:
Financing FacilitiesInterest Rate
Index and Margin		Maturity/Termination DatesInitial Term (Years)
2030 Senior Secured Notes
7.75%
March 20305.25
Revolving Credit Facility(i)
SOFR + 2.75%-3.50%
December 20295.00
(i)SOFR with a floor of 0.0%     

The Company had various international uncommitted and non-utilized short-term lines of credit with borrowing limits aggregating to $12.9 and $8.5 as of June 30, 2026 and December 31, 2025. There were no outstanding borrowings on the short-term lines of credit as of June 30, 2026 or December 31, 2025. Short-term lines mature in less than one year and are used to support working capital.