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v3.24.1.u1

Debt - Senior Secured Term Loan (Details) - USD ($) $ in Thousands |  |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Oct. 19, 2023 | Oct. 27, 2022 | Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2023
Interest expense |  |  |  |  |
Amortization of debt issuance costs |  |  | $ 296 | $ 438 |
Effective interest rate |  |  | 10.80% |  |
Blackstone Credit Agreement |  |  |  |  |
Debt Facility |  |  |  |  |
Maximum borrowing capacity |  | $ 950,000 |  |  |
Debt issuance costs capitalized |  | $ 11,600 |  |  |
Principal |  |  |  |  | $ 300,000
Repayment of senior secured term loan |  |  |  |  | (300,000)
Interest expense |  |  |  |  |
Contractual interest expense |  |  |  | 9,178 |
Amortization of debt issuance costs |  |  |  | 150 |
Total |  |  |  | $ 9,328 |
Effective interest rate |  |  |  | 13.20% |
Blackstone Credit Agreement | Adjusted Term SOFR |  |  |  |  |
Debt Facility |  |  |  |  |
Basis spread on variable rate |  | 7.25% |  |  |
Floor interest rate |  | 1.00% |  |  |
Blackstone Credit Agreement | Base Rate |  |  |  |  |
Debt Facility |  |  |  |  |
Basis spread on variable rate |  | 6.25% |  |  |
Floor interest rate |  | 2.00% |  |  |
Committed Loan Facility |  |  |  |  |
Debt Facility |  |  |  |  |
Maximum borrowing capacity |  | $ 450,000 |  |  |
Fund draw term |  | 18 months |  |  |
Loan term |  | 7 years |  |  |
Senior Secured Term Loan |  |  |  |  |
Debt Facility |  |  |  |  |
Principal |  | $ 300,000 |  |  |
Repayment of senior secured term loan | $ (300,000) |  |  |  |
Payment of accrued interest | 2,100 |  |  |  |
Prepayment premiums, expenses and other exit fees | 82,000 |  |  |  | 82,000
Legal fees | $ 200 |  |  |  |
Loss on extinguishment of debt |  |  |  |  | 92,700
Debt issuance costs |  |  |  |  | $ 10,700
Committed Delayed Draw Term Loan Facility |  |  |  |  |
Debt Facility |  |  |  |  |
Maximum borrowing capacity |  | 150,000 |  |  |
Uncommitted Incremental Facility |  |  |  |  |
Debt Facility |  |  |  |  |
Maximum borrowing capacity |  | $ 500,000 |  |  |

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