
	September 30, 2026		December 31, 2025
7.125% senior notes due July 2028	$	—	$	641.6
5.00% senior notes due March 2027		—		750.0
8.25% senior notes due March 2027		—		866.9
9.50% senior secured notes due December 2031		—		1,000.0
4.75% senior secured notes due September 2029		—		1,250.0
6.00% senior secured notes due March 2026		—		1,500.0
Senior secured term loan due December 2029		—		3,150.0
Senior secured revolving credit facility		—		200.0
Total principal amount of debt		—		7,359.5
Less: Original issue discount, net of amortization		—		(51.9	)
Less: Debt issuance costs, net of amortization		—		(47.4	)
Less: Current portion		—		—
Total long-term debt	$	—	$	7,260.2

In connection with the sale of the CCS segment that was completed on January 9, 2026, the Company repaid in full all of the then-outstanding indebtedness. See Note 2 for further discussion of the debt repayment and the divestiture of the CCS segment.

On April 7, 2026, the Company entered into a senior secured asset-based revolving credit facility (Revolving Credit Facility) providing for aggregate revolving commitments of up to $300.0 million. Availability under the Revolving Credit Facility is subject to a borrowing base calculated primarily based on eligible accounts receivable and inventory. Borrowings under the Revolving Credit Facility bear interest at variable rates based on the Term Secured Overnight Financing Rate (Term SOFR), subject to a 0.00% floor, or an alternate base rate, plus an applicable margin. The Revolving Credit Facility matures on April 7, 2031 and is secured by first-priority liens on substantially all assets, subject to customary exclusions.

Effective July 1, 2026, in connection with the sale of the RUCKUS segment, the aggregate commitments under the Revolving Credit Facility were reduced from $300.0 million to $246.9 million, subject to applicable borrowing base limitations. The Revolving Credit Facility continues to provide the Company with access to revolving borrowings, subject to borrowing base availability and other customary terms and conditions of the credit agreement.

As of September 30, 2026, the Company had no outstanding borrowings under the Revolving Credit Facility, other than outstanding letters of credit of $39.9 million. Based on the applicable borrowing base limitations, the availability after outstanding letters of credit under the facility was $158.9 million.

For the nine months ended September 30, 2026, the Company incurred approximately $3.3 million of upfront fees and expenses paid upon the closing of the Revolving Credit Facility, which were capitalized as deferred financing costs and are being amortized to interest expense over the term of the facility. As a result of the reduction of aggregate commitments under the Revolving Credit Facility as discussed above, the Company wrote-off $0.5 million of unamortized debt issuance costs which were recorded in interest expense within income from continuing operations, net of income taxes, on the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2026.