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v3.22.2.2

Borrowings (Tables) | 12 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of long-term debt | The Company's debt, net of unamortized debt issuance costs consisted of the following as of September 30, 2022 and 2021:
in thousands | Maturity Date | September 30, 2022 |  | September 30, 2021
Senior Unsecured Term Loan | September 2022 | $ | — |  |  | $ | 50,000 |
6.750% Senior Notes (2025 Notes) | March 2025 | 211,195 |  |  | 229,555 |
5.875% Senior Notes (2027 Notes) | October 2027 | 357,255 |  |  | 363,255 |
7.250% Senior Notes (2029 Notes) | October 2029 | 350,000 |  |  | 350,000 |
Unamortized debt issuance costs |  | (7,280) |  |  | (8,983) |
Total Senior Notes, net |  | 911,170 |  |  | 983,827 |
Junior Subordinated Notes (net of unamortized accretion of $28,503 and $30,570 , respectively) | July 2036 | 72,270 |  |  | 70,203 |
Secured Revolving Credit Facility | February 2024(a) | — |  |  | — |
Total debt, net |  | $ | 983,440 |  |  | $ | 1,054,030 |
(a) The Secured Revolving Credit Facility was scheduled to mature in February 2024; however, it was terminated early in conjunction with the Company entering into the new Senior Unsecured Revolving Credit Facility. Refer to below for further discussion.
Schedule of maturities of long-term debt | As of September 30, 2022, the future maturities of our borrowings were as follows:
Fiscal Year Ended September 30, |
in thousands |
2023 | $ | — |
2024 | — |
2025 | 211,195 |
2026 | — |
2027 | 357,255 |
Thereafter | 450,773 |
Total | $ | 1,019,223 |
Schedule of debt instrument redemption | For additional redemption features, refer to the table below that summarizes the redemption terms of our Senior Notes:
Senior Note Description |  | Issuance Date |  | Maturity Date |  | Redemption Terms
6.750% Senior Notes |  | March 2017 |  | March 2025 |  | Callable at any time prior to March 15, 2020, in whole or in part, at a redemption price equal to 100.000% of the principal amount, plus a customary make-whole premium; on or after March 15, 2020, callable at a redemption price equal to 105.063% of the principal amount; on or after March 15, 2021, callable at a redemption price equal to 103.375% of the principal amount; on or after March 15, 2022, callable at a redemption price equal to 101.688% of the principal amount; on or after March 15, 2023, callable at a redemption price equal to 100.000% of the principal amount, plus, in each case, accrued and unpaid interest
5.875% Senior Notes |  | October 2017 |  | October 2027 |  | Callable at any time prior to October 15, 2022, in whole or in part, at a redemption price equal to 100.000% of the principal amount, plus a customary make-whole premium; on or after October 15, 2022, callable at a redemption price equal to 102.938% of the principal amount; on or after October 15, 2023, callable at a redemption price equal to 101.958% of the principal amount; on or after October 15, 2024, callable at a redemption price equal to 100.979% of the principal amount; on or after October 15, 2025, callable at a redemption price equal to 100.000% of the principal amount, plus, in each case, accrued and unpaid interest.
7.250% Senior Notes |  | September 2019 |  | October 2029 |  | On or prior to October 15, 2022, we may redeem up to 35% of the aggregate principal amount of the 2029 Notes with the net cash proceeds of certain equity offerings at a redemption price equal to 107.250% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date, provided at least 65% of the aggregate principal amount of the 2029 Notes originally issued remains outstanding immediately after such redemption.
|  |  | Callable at any time prior to October 15, 2024, in whole or in part, at a redemption price equal to 100.000% of the principal amount, plus a customary make-whole premium; on or after October 15, 2024, callable at a redemption price equal to 103.625% of the principal amount; on or after October 15, 2025, callable at a redemption price equal to 102.417% of the principal amount; on or after October 15, 2026, callable at a redemption price equal to 101.208% of the principal amount; on or after October 15, 2027, callable at a redemption price equal to 100.000% of the principal amount, plus, in each case, accrued and unpaid interest

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