| Schedule of Components of Long-Term Debt |
Long-term debt consisted of the following: | | | | | | | | | | | | | | | | (in thousands) | | As of
June 30,
2026 | | As of
December 31,
2025 | | | | | | | Accounts receivable securitization facility | | $ | 313,500 | | | $ | 361,100 | | | Revolving credit facilities | | — | | | — | | | Senior secured notes, due in January 2029 | | 523,356 | | | 523,356 | | | | | | | | Senior secured notes, due in August 2030 | | 750,000 | | | 750,000 | | | | | | | | Senior unsecured notes, due in January 2031 | | 392,071 | | | 392,071 | | | | | | | | Term loan, due in June 2028 | | 240,966 | | | 281,126 | | | Term loan, due in November 2029 | | 317,164 | | | 337,603 | | | | | | | | | | | | | | | | | | Total outstanding principal | | 2,537,057 | | | 2,645,256 | | | Less: Debt issuance costs and issuance discounts | | (43,168) | | | (50,868) | | | Less: Current portion | | — | | | (8,854) | | | Net carrying value of long-term debt | | $ | 2,493,889 | | | $ | 2,585,534 | | | Fair value of long-term debt * | | $ | 2,222,939 | | | $ | 2,487,833 | |
* The fair values of debt are estimated based on either quoted private market transactions or observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy.
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