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v3.20.4

DEBT (Tables) | 12 Months Ended
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Dec. 31, 2020
DEBT |
Schedule of debt | At December 31, 2020 and 2019, the Company’s debt consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, | ​
(In millions) |  | 2020 |  | 2019 |
Private Placement Term Loans: | ​ | ​ | ​ | ​ | ​ | ​ | ​
5.79 %, payable through 2020 | ​ | $ | — | ​ | $ | 3.5 | ​
3.66 %, payable through 2023 | ​ |  | 22.8 | ​ |  | 31.9 | ​
4.16 %, payable through 2027 | ​ |  | 34.0 | ​ |  | 39.3 | ​
3.37 %, payable through 2027 | ​ | ​ | 75.0 | ​ | ​ | 75.0 | ​
3.14 %, payable through 2031 | ​ | ​ | 169.6 | ​ | ​ | 188.0 | ​
4.31 %, payable through 2032 | ​ |  | 27.9 | ​ |  | 30.3 | ​
4.35 %, payable through 2044 | ​ | ​ | — | ​ | ​ | 100.0 | ​
3.92 %, payable through 2045 | ​ | ​ | — | ​ | ​ | 69.5 | ​
Title XI Debt: | ​ | ​ | ​ | ​ | ​ | ​ | ​
5.34 %, payable through 2028 | ​ |  | 17.6 | ​ |  | 19.8 | ​
5.27 %, payable through 2029 | ​ |  | 19.8 | ​ |  | 22.0 | ​
1.22 %, payable through 2043 | ​ | ​ | 182.0 | ​ | ​ | — | ​
1.35 %, payable through 2044 | ​ | ​ | 139.6 | ​ | ​ | — | ​
Revolving credit facility, maturity date of June 29, 2022 | ​ |  | 71.8 | ​ |  | 379.1 | ​
Total Debt | ​ |  | 760.1 | ​ |  | 958.4 | ​
Less: Current portion | ​ |  | (59.2) | ​ |  | (48.4) | ​
Total Long-term Debt | ​ | ​ | 700.9 | ​ | ​ | 910.0 | ​
Less: Deferred loan fees | ​ | ​ | (15.3) | ​ | ​ | — | ​
Total Long-term Debt, net of deferred loan fees | ​ | $ | 685.6 | ​ | $ | 910.0 | ​
Schedule of maturities of debt | ​
​ | ​ | ​ | ​
​ | ​ | As of
Year (in millions) |  | December 31, 2020
2021 | ​ | $ | 59.2
2022 | ​ |  | 136.8
2023 | ​ |  | 60.4
2024 | ​ |  | 51.7
2025 | ​ |  | 51.7
Thereafter | ​ |  | 400.3
Total Debt | ​ | $ | 760.1
Schedule of deferred loan fees | ​
​ | ​ | ​ | ​
Deferred Loan Fees (in millions) |  | Amount
Deferred financing costs related to Title XI bonds and private placement debt amendments | ​ | $ | 16.5
Deferred fees expensed related to the redemption of private placement debt | ​ | ​ | (0.3)
Amortization expense for the year ended December 31, 2020 | ​ |  | (0.9)
Balance at December 31, 2020 | ​ | $ | 15.3
Schedule of estimated amortization expense relating to deferred laon fees | ​
​ | ​ | ​ | ​
Year (in millions) |  | Amount
2021 | ​ | $ | 1.5
2022 | ​ |  | 1.2
2023 | ​ |  | 1.1
2024 | ​ |  | 1.1
2025 | ​ |  | 1.0
Thereafter | ​ |  | 9.4
Total amortization expense of deferred loan fees | ​ | $ | 15.3

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