v3.26.3
Long-term debt - current and non-current (Tables)
9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of current and noncurrent portions of long-term debt
The Company's current and non-current portions of long-term debt are comprised of the following:
(in millions of $)September 30, 2026December 31, 2025
Long-term debt - net2,596.1 2,647.4 
Current portion of Long-term debt -net15.2 11.4 
Total2,611.3 2,658.8 
Schedule of available facilities
Available facilities as of September 30, 2026 are:
Facility drawn
Nominal Amount (a)Currency
Rate / Margin (b)
Maturity
Term Loan B – EUR
1,100.0 EUR
Euribor + 1.75% (0% floor)
11/2/2031
Term Loan B – USD
1,339.5 USD
SOFR + 1.75% (0% floor)
11/2/2031
Term Facility - CAD49.0 CAD
CORRA + 1.36%
9/25/2030
Facility undrawn
Revolving Credit Facility (RCF)
210.0 
EUR
SOFR/Euribor + 2.00%
5/2/2031
Ancillary Facility – ERSTE Bank (c)
40.0 
EUR
SOFR/Euribor + 2.00%
7/31/2027
Ancillary Facility – HELABA
50.0 
EUR
SOFR/Euribor + 2.00%
5/2/2031
(a) Nominal amounts without principal amortization payments.
(b) The table includes the conditions as of September 30, 2026 and loans bear variable interest rates based on Secured Overnight Finance Rate ("SOFR"), Euro Interbank Offered Rate ("EURIBOR") or Canadian Overnight Repo Rate Average (''CORRA'') plus applicable margins depending on the leverage ratios.
(c) $39.7 million of the ERSTE Bank ancillary facility line was temporarily allocated to the supplier finance program as of September 30, 2026.
Schedule of undiscounted future cash outflows of the company’s long-term debt including interest
The following table summarizes the undiscounted future cash outflows of the Company’s long-term debt including interest:
(in millions of $)20262027202820292030ThereafterTotal
Principal3.8 15.8 14.6 14.7 44.8 2,526.4 2,620.1 
Interest32.6 128.9 128.5 127.3 126.2 104.5 648.0 
Total
36.4 144.7 143.1 142.0 171.0 2,630.9 3,268.1 
Schedule of total assets pledged as collateral in connection with the company’s borrowing arrangements The total assets pledged as collateral in connection with the Company’s borrowing arrangements were:
(in millions of $)September 30, 2026December 31, 2025
Cash and cash equivalents798.6 430.4 
Accounts receivable - net149.7 78.4 
Inventories512.5 221.4 
Other current assets20.8 8.4 
Property, plant, and equipment - net148.9 106.3 
Intangible assets - net26.1 27.8 
Other non-current assets18.6 10.0 
Total
1,675.2 882.7