| Schedule of Long-term Debt Instruments |
The Company’s debt is comprised of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest Payable | | Balance as of | | Description | | Issued | | Maturity | | Interest Rate(1) | | | June 30, 2026 | | December 31, 2025 | | First Lien Term Loan B due 2030 | | 10/13/2023 | | 10/13/2030 | | Term SOFR +2.00% | | Quarterly | | $ | 1,754,328 | | | $ | 1,764,249 | | First Lien Term Loan B-2 due 2032 | | 3/7/2025 | | 3/7/2032 | | Term SOFR +1.75% | | Quarterly | | 1,434,725 | | | 1,441,989 | | First Lien Revolving Credit Facility | | 3/16/2018 | | 10/1/2029 | | Term SOFR +2.00% | | Quarterly | | — | | | — | | | First Lien Term Loan A due 2030 | | 10/28/2025 | | 10/28/2030 | | Term SOFR +1.50% | | Quarterly | | 420,313 | | | 325,000 | | | First Lien Notes due 2026 | | 4/4/2019 | | 4/15/2026 | | 5.750% | | 3/15 and 9/15 | | — | | | 75,000 | | | First Lien Notes due 2027 | | 8/20/2020 | | 8/31/2027 | | 3.375% | | 6/15 and 12/15 | | 1,000,000 | | | 1,000,000 | | | First Lien Notes due 2029 | | 7/29/2021 | | 8/1/2029 | | 4.125% | | 2/1 and 8/1 | | 1,000,000 | | | 1,000,000 | | | First Lien Notes due 2033 | | 10/15/2025 | | 10/15/2033 | | 5.875% | | 1/15 and 7/15 | | 1,000,000 | | | 1,000,000 | | | ADT Notes due 2032 | | 5/2/2016 | | 7/15/2032 | | 4.875% | | 1/15 and 7/15 | | 728,016 | | | 728,016 | | | ADT Notes due 2042 | | 7/5/2012 | | 7/15/2042 | | 4.875% | | 1/15 and 7/15 | | 21,896 | | | 21,896 | | 2020 Receivables Facility(2) | | 3/5/2020 | | 2/20/2031 | | Various | | Monthly | | 416,008 | | | 443,058 | | | Total debt principal, excluding finance leases | | 7,775,286 | | | 7,799,208 | | Finance lease liabilities(3) | | 58,411 | | | 47,765 | | Unamortized debt discount, net | | (28,481) | | | (30,579) | | Unamortized deferred financing costs | | (19,964) | | | (22,949) | | Unamortized purchase accounting fair value adjustment and other | | (97,665) | | | (103,811) | | | Total debt | | | | | | | | | | 7,687,587 | | | 7,689,634 | | Current maturities of long-term debt, net of unamortized debt discount | | (240,524) | | | (310,204) | | | Long-term debt | | | | | | | | | | $ | 7,447,063 | | | $ | 7,379,430 | |
_________________ (1) Interest rate as of June 30, 2026. Interest on the 2020 Receivables Facility is primarily based on the Secured Overnight Financing Rate (“SOFR”) +0.95% and Lender Cost of Funds +0.85%. (2) Maturity date for the 2020 Receivables Facility represents the final maturity date of current loans borrowed under the facility. (3) Refer to Note 13 “Leases” for additional information regarding the Company’s finance leases.
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