Post-effective amendment to a registration statement that is not immediately effective upon filing

Long-Term Debt And Other Borrowings, Net (Tables)

v3.22.1
Long-Term Debt And Other Borrowings, Net (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The fair values of the Company’s outstanding borrowings approximate the carrying values. The following is a summary of long-term debt:
 
(in ‘000)
  
December 31,
2021
 
  
December 31,
2020
 
Term Loan
UBS
  
$
305,807
 
  
$
308,959
 
Term Loan
BNP Paribas
  
 
  
 
  
 
9
 
Notes under the Backstop Agreement
  
 
120,000
 
  
 
—  
 
Other Borrowings
 
 
173

 
 
 
—  
 
 
  
 
 
 
  
 
 
 
Total
  
 
425,980
 
  
 
308,968
 
Less
current portion
  
 
3,326
 
  
 
3,161
 
Less
equity component, net of accumulated amortization
  
 
15,517
 
  
 
  
 
Less—debt issuance cost, net of accumulated amortization of $6.1 million and $3.7 million, respectively
  
 
8,022
 
  
 
7,403
 
 
  
 
 
 
  
 
 
 
Total notes and debentures

  
 
399,115
 
  
 
298,404
 
Other Borrowings—Notes payable
  
 
—  
 
  
 
—  
 
 
  
 
 
 
  
 
 
 
Total Long-term debt and other borrowings
  
$
399,115
 
  
$
298,404
 
 
  
 
 
 
  
 
 
 
Schedule of Maturities of Long-term Debt
The following is the summary of future principal repayments on long-term debt:
 
(in ‘000)
  
Amount
 
2022
  
$
3,326
 
2023
  
 
3,153
 
2024
  
 
299,501
 
2025
  
 
  
 
2026
  
 
  
 
Thereafter
  
 
120,000
 
 
  
 
 
 
Total
  
$
425,980