v3.26.1
Debt, Net (Tables)
6 Months Ended
Jun. 30, 2026
Debt Instrument [Line Items]  
Summary of Debt, Net

 

 

As of June 30, 2026

 

(in thousands, except interest rate)

 

Note

 

Maturity

 

Interest Rate

 

 

 

Revolving Credit Facility

 

(a)

 

3-Oct-2027

 

SOFR + 1.15% *

 

$

130,000

 

Term Loan

 

(b)

 

3-Oct-2027

 

SOFR + 1.15% *

 

 

200,000

 

Unamortized financing transaction costs, Term Loan

 

 

 

 

 

 

 

 

(896

)

 

 

 

 

 

 

 

$

329,104

 

* The approximate SOFR rate at June 30, 2026 was 3.63%.

 

 

 

As of December 31, 2025

 

(in thousands, except interest rate)

 

Note

 

Maturity

 

Interest Rate

 

 

 

Revolving Credit Facility

 

(a)

 

3-Oct-2027

 

SOFR + 1.15% **

 

$

115,500

 

Term Loan

 

(b)

 

3-Oct-2027

 

SOFR + 1.15% **

 

 

200,000

 

Unamortized financing transaction costs, Term Loan

 

 

 

 

 

 

 

 

(1,249

)

 

 

 

 

 

 

 

$

314,251

 

** The approximate SOFR rate at December 31, 2025 was 3.71%.

Summary of Aggregate Principal Repayment of Debt

The aggregate principal repayment of the Company’s debt, excluding the unamortized financing transaction costs of $0.9 million, due in each of the years under the remaining term, are as follows:

(in thousands)

 

 

 

 

 

 

 

June 30, 2026

 

Remainder of 2026

 

$

 

2027

 

 

330,000