v2.4.0.8
Debt (Tables)
3 Months Ended
Mar. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The following table sets forth the face values of our outstanding debt as of March 31, 2014 and December 31, 2013 (in thousands):

 

    Rate     Maturity   March 31, 2014     December 31, 2013  

Senior secured credit facilities:

       

Term Loan B

    L+3.25   February 2019   $ 1,752,813      $ 1,757,250   

Incremental term loan facility

    L+3.50   February 2019     348,250        349,125   

Term Loan C

    L+3.00   December 2017     345,313        361,250   

Revolver, $370 million

    L+3.00   February 2019     —          —     

Revolver, $35 million

    L+3.75   February 2018     —          —     

Senior unsecured notes due 2016

    8.350   March 2016     400,000        400,000   

Senior secured notes due 2019

    8.500   May 2019     800,000        800,000   

Mortgage facility

    5.800   March 2017     82,996        83,286   
     

 

 

   

 

 

 

Face value of total debt outstanding

      $ 3,729,372      $ 3,750,911   

Less current portion of debt outstanding

        (88,790     (86,117
     

 

 

   

 

 

 

Face value of long-term debt outstanding

      $ 3,640,582      $ 3,664,794   
     

 

 

   

 

 

 
Schedule of Debt Interest Rate Margin
    Eurocurrency borrowings     Base rate borrowings  
    Applicable Margin     Floor     Applicable Margin     Floor  

Term Loan B, prior to Repricing Amendments

    4.00     1.25     3.00     2.25

Term Loan B, subsequent to Repricing Amendments

    3.25     1.00     2.25     2.00

Incremental term loan facility

    3.50     1.00     2.50     2.00

Term Loan C

    3.00     1.00     2.00     2.00

Revolver, $370 million

    3.00     N/A        2.00     N/A   

Revolver, $35 million

    3.75     N/A        2.75     N/A   
Schedule of Effective Interest Rates

Our effective interest rates for the three months ended March 31, 2014 and 2013, inclusive of amounts charged to interest expense as described above, are as follows:

 

     Three Months Ended March 31,  
     2014     2013  

Including the impact of interest rate swaps

     6.14     8.99

Excluding the impact of interest rate swaps

     5.50     8.32
Aggregate Maturities of Long-Term Debt

As of March 31, 2014, aggregate maturities of our long-term debt were as follows (in thousands):

 

     Amount  

Nine months ending December 31, 2014

   $ 64,578   

2015

     96,810   

2016

     518,118   

2017

     228,491   

2018

     21,250   

Thereafter

     2,800,125   
  

 

 

 

Total

   $ 3,729,372