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Bank credit lines, loan facilities and notes (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company had the following debt outstanding as of March 31, 2025 and December 31, 2024:

Interest rate as ofPrincipal amount
Maturity DateMarch 31,
2025
December 31,
2024
March 31,
2025
December 31,
2024
(in thousands)
Senior Secured Term LoanJuly 20286.299 %6.329 %$939,010 $946,450 
Senior Secured Notes (the "2026 Notes")
July 20262.875 %2.875 %500,000 500,000 
Senior Secured Notes (the "2027 Notes")*May 20275.809 %5.809 %750,000 750,000 
Senior Secured Notes (the "2029 Notes")*May 20295.849 %5.849 %750,000 750,000 
Senior Secured Notes (the "2034 Notes")*May 20346.000 %6.000 %500,000 500,000 
Total debt3,439,010 3,446,450 
Less current portion of debt(29,762)(29,762)
Total long-term debt3,409,248 3,416,688 
Less debt issuance costs and debt discount
(18,810)(20,290)
Total long-term debt, net$3,390,438 $3,396,398 
*Issued May 8, 2024
During the quarter ended March 31, 2025, the Company drew down $50.0 million (December 31, 2024: $318.0 million) of the senior secured revolving loan facility and repaid $50.0 million (December 31, 2024: $373.0 million) as shown below. As at March 31, 2025, $nil (December 31, 2024: $nil) was drawn under the senior secured revolving loan facility.
    
Drawdown RepaymentClosing Balance
(in thousands)
Balance at January 1, 2024$55,000 
Quarter 1, 2024$50,000 $(55,000)$50,000 
Quarter 2, 2024143,000 (193,000)— 
Quarter 3, 202450,000 (50,000)— 
Quarter 4, 202475,000 (75,000)— 
Total drawdown / (repayments) in 2024318,000 (373,000)
Quarter 1, 202550,000 (50,000)— 
Total drawdown / (repayments) in 2025$50,000 $(50,000)
Schedule of Contractual Maturities of Debt
As of March 31, 2025, the contractual maturities of the Company's debt obligations were as follows:

Contractual maturities of debt(in thousands)
2025 (remaining)$22,322 
2026529,762 
2027779,762 
2028857,164 
2029 and thereafter1,250,000 
Total$3,439,010 
Schedule of Principal Payments on Debt Instrument
Principal repayments on the senior secured term loan, comprising mandatory and voluntary repayments, during the three months ended March 31, 2025 and year ended December 31, 2024 were as follows:

Principal repayments(in thousands)
Quarter 1, 2024$(275,000)
Quarter 2, 2024(2,014,882)
Quarter 3, 2024(7,441)
Quarter 4, 2024(7,440)
Total repayments in 2024(2,304,763)
Quarter 1, 2025(7,440)
Total repayments in 2025$(7,440)