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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of Long-term Debt

Long-term debt consists of the following:

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

New 2024 Term loan facilities

 

$

2,250,000

 

 

$

 

Prior 2023 Term loan facilities

 

 

 

 

 

2,562,125

 

Prior Senior Notes

 

 

 

 

 

675,468

 

Finance leases

 

 

18,375

 

 

 

20,260

 

Other

 

 

1,230

 

 

 

1,426

 

 

 

2,269,605

 

 

 

3,259,279

 

Less: Current portion

 

 

(23,449

)

 

 

(26,676

)

Unamortized discounts

 

 

(22,456

)

 

 

(26,873

)

Unamortized deferred finance charges

 

 

(15,723

)

 

 

(33,622

)

Long-term debt

 

$

2,207,977

 

 

$

3,172,108

 

 

Summary of Amounts of Long-Term Debt Payable

As of December 31, 2024, the amounts of the long-term debt payable for the years ending on December 31 are as follows:

 

 

 

Finance
Leases

 

 

Debt

 

 

Total

 

 

 

(in thousands)

 

2025

 

$

1,627

 

 

$

22,614

 

 

$

24,241

 

2026

 

 

1,578

 

 

 

23,615

 

 

 

25,193

 

2027

 

 

1,573

 

 

 

22,500

 

 

 

24,073

 

2028

 

 

1,563

 

 

 

22,500

 

 

 

24,063

 

2029

 

 

1,563

 

 

 

22,500

 

 

 

24,063

 

Thereafter

 

 

20,667

 

 

 

2,137,501

 

 

 

2,158,168

 

Total

 

$

28,571

 

 

$

2,251,230

 

 

$

2,279,801

 

Amount representing interest

 

 

(10,196

)

 

 

 

 

 

(10,196

)

Unamortized discounts

 

 

 

 

 

(22,456

)

 

 

(22,456

)

Unamortized deferred finance charges

 

 

 

 

 

(15,723

)

 

 

(15,723

)

Total long-term debt payable

 

$

18,375

 

 

$

2,213,051

 

 

$

2,231,426