|
The Company’s outstanding debt as of March 31, 2020 and December 31, 2019 is as follows (in thousands):
|
|
|
As of |
|
|
|
|
March 31, 2020 |
|
|
December 31, 2019 |
|
|
|
|
Amount |
|
|
Effective
Interest Rate |
|
|
Amount |
|
|
Effective
Interest Rate |
|
|
Term Loan A Facility |
|
$ |
98,750 |
|
|
|
2.19 |
% |
|
$ |
100,000 |
|
|
|
3.48 |
% |
|
Less: Debt issuance costs |
|
|
(358 |
) |
|
|
|
|
|
|
(392 |
) |
|
|
|
|
|
Net carrying amount |
|
$ |
98,392 |
|
|
|
|
|
|
$ |
99,608 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revolving Credit Facility |
|
$ |
69,325 |
|
|
|
2.68 |
% |
|
$ |
— |
|
|
|
— |
|
|
Less: Debt issuance costs |
|
|
(341 |
) |
|
|
|
|
|
|
— |
|
|
|
|
|
|
Net carrying amount |
|
$ |
68,984 |
|
|
|
|
|
|
$ |
— |
|
|
|
|
|
|