v3.26.1
DEBT (Tables)
6 Months Ended
Jun. 30, 2026
DEBT [Abstract]  
Summary of Outstanding Debt

The following is a summary of the Company’s outstanding debt (in thousands):

 

 

As of

 

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

First Lien Term Loan (due November 2031)

 

$

4,594,452

 

 

$

3,717,569

 

Other Secured Loans

 

 

61,311

 

 

 

63,067

 

Notes payable

 

 

3,286

 

 

 

2,552

 

Total principal

 

 

4,659,049

 

 

 

3,783,188

 

Unamortized discount

 

 

(11,168

)

 

 

(9,761

)

Unamortized debt issuance cost

 

 

(18,656

)

 

 

(11,303

)

Total debt

 

 

4,629,225

 

 

 

3,762,124

 

Less: Current portion of long-term debt

 

 

(45,501

)

 

 

(38,061

)

Total long-term debt

 

$

4,583,724

 

 

$

3,724,063