LONG-TERM DEBT (Tables)

The Group’s debt comprised of the following:


	As of June 30, 2026				As of December 31, 2025
	Principal outstanding balance in currency of debt (in millions)		Outstanding Balance ($ in millions)		Principal outstanding balance in currency of debt (in millions)		Outstanding Balance ($ in millions)



TLA/TLB/RCF Agreement
GBP First Lien Term Loan A due 2028	£	1,034	$	1,371	£	1,034	$	1,392
EUR First Lien Term Loan A due 2028	€	380	434		€	380	447
USD First Lien Term Loan A due 2028	$	166	166		$	166	166
GBP Revolving Credit Facility due 2028	£	275	365		£	400	538
USD First Lien Term Loan B due 2030	$	3,817	3,818		$	3,836	3,836
USD First Lien Term Loan B due 2032	$	1,238	1,238		$	1,244	1,244
Senior Secured Notes
EUR Senior Secured Notes due 2029	€	500	577		€	500	593
USD Senior Secured Notes due 2029	$	525	532		$	525	532
EUR Senior Secured Notes due 2031	€	850	978		€	850	1,007
USD Senior Secured Notes due 2031*	$	1,625	1,641		$	1,625	1,649
GBP Senior Secured Notes due 2031	£	700	940		£	700	955
Total debt principal including accrued interest			12,060				12,359
Less: unamortized debt issuance costs			(82)				(93)
Total debt			11,978				12,266
Less: current portion of long-term debt			(106)				(109)
Total long-term debt			$	11,872			$	12,157

*Includes a net fair value basis adjustment related to receive-fixed, pay variable interest rate swap agreements designated as fair value hedges.

As of June 30, 2026, the contractual principal repayments of the Group’s outstanding borrowings, excluding accrued interest, amount to the following: