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Bank Credit Lines and Loan Facilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The Company had the following debt outstanding as of December 31, 2023 and 2022:
|  | Interest rate as of | Principal amount as of
| Maturity Date | December 31, 2023 | December 31, 2022 | December 31, 2023 | December 31, 2022
|  |  |  | (in thousands)
Senior Secured Term Loan | July 2028 | 7.860 | % | 7.092 | % | $ | 3,251,213 |  | $ | 4,201,213 |
Senior Secured Notes | July 2026 | 2.875 | % | 2.875 | % | 500,000 |  | 500,000 |
Senior Secured Revolving Loan Facility | January 2024 | 6.720 | % | — |  | 55,000 |  | — |
Total debt |  |  |  | 3,806,213 |  | 4,701,213 |
Less current portion of debt |  |  |  | (110,150) |  | (55,150) |
Total long-term debt |  |  |  | 3,696,063 |  | 4,646,063 |
Less debt issuance costs and debt discount |  |  |  | (30,624) |  | (47,026) |
Total long-term debt, net |  |  |  | $ | 3,665,439 |  | $ | 4,599,037 |
|  | Drawdown | Repayment | Closing Balance
|  | (in thousands)
December 31, 2022 |  | $ | — |  | $ | — |  | $ | — |
Quarter 1, 2023 |  | 180,000 |  | 100,000 |  | 80,000 |
Quarter 2, 2023 |  | 50,000 |  | 80,000 |  | 50,000 |
Quarter 3, 2023 |  | 75,000 |  | 50,000 |  | 75,000 |
Quarter 4, 2023 |  | 65,000 |  | 85,000 |  | 55,000 |
|  | $ | 370,000 |  | $ | 315,000 |  |
Schedule of Financing Cost |
| Year ended
| December 31, 2023 | December 31, 2022 | December 31, 2021
| (in thousands)
Interest expense on drawn facilities | $ | 311,019 |  | $ | 209,189 |  | $ | 93,809 |
Amortization of merger related financing fees | 16,402 |  | 17,749 |  | 12,890 |
Transaction and one time financing costs | — |  | — |  | 75,391 |
Other financing costs* | 9,278 |  | 2,793 |  | 333 |
Total financing costs | $ | 336,699 |  | $ | 229,731 |  | $ | 182,423 |
*Includes costs associated with the senior secured revolving loan facility.
Schedule of Maturities of Long-term Debt | As of December 31, 2023, the contractual maturities of the Company's debt obligations were as follows:
Current maturities of debt: |  |  | (in thousands)
2024 |  |  |  | $ | 110,150 |
2025 |  |  |  | 55,150 |
2026 |  |  |  | 555,150 |
2027 |  |  |  | 55,150 |
2028 and thereafter |  |  |  | 3,030,613 |
Total |  |  |  | $ | 3,806,213 |
Schedule of Principal Payments on Debt Instrument | Principal repayments, comprising mandatory and voluntary repayments, during the year ended December 31, 2023 and December 31, 2022 were as follows:
Principal repayments | December 31, 2023 | December 31, 2022
| (in thousands)
Quarter 1 | $ | 250,000 |  | $ | 300,000 |
Quarter 2 | 150,000 |  | 100,000 |
Quarter 3 | 300,000 |  | 200,000 |
Quarter 4 | 250,000 |  | 200,000 |
Total | $ | 950,000 |  | $ | 800,000 |

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