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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Borrowings [Abstract]  
Summary of Debt

 

 

Interest rate

Maturity

Principal

 

December 31

2020

 

December 31

2019

 

Syndicated Credit Agreement (a)

 

 

 

 

 

 

 

 

 

 

 

Syndicated facility

Prime + 2.5%

Aug 27, 2021

 

74,000

 

 

 

 

82,910

 

Operating facility

Prime + 2.5%

Aug 27, 2021

 

5,330

 

 

 

 

 

Term Debt Facility (b)

 

 

 

 

 

 

 

 

 

 

 

First tranche

9.75%

Jul 27, 2023

 

115,000

 

 

 

 

95,003

 

 

 

 

 

 

 

 

 

 

177,913

 

 

 

 

 

 

 

 

 

 

 

 

 

Current portion

 

 

 

 

 

 

 

 

177,913

 

Long term

 

 

 

 

 

 

 

 

 

 

Summary of Syndicated Credit Agreement

 

As at

December 31, 2020

 

December 31, 2019

 

Principal value of debt

 

 

 

84,000

 

Transaction costs

 

 

 

(1,313

)

Accretion

 

 

 

223

 

 

 

 

 

82,910

 

 

Summary of Term Debt Facility

As at

December 31, 2020

 

December 31, 2019

 

Principal value of debt

 

 

 

115,000

 

Transaction costs

 

 

 

(9,461

)

Accretion

 

 

 

3,397

 

Fair value assigned to warrants, at issuance

 

 

 

(13,933

)

 

 

 

 

95,003