Debt outstanding |
Debt outstanding consisted of the following: | | | | | | | | | | (in millions) | | September 30, 2016 | | December 31, 2015 | Senior Secured Term Loan B, payable in quarterly installments through April 9, 2021, including variable interest (3.50% at September 30, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $8.0 million and $4.7 million, respectively, at September 30, 2016, and original issue discount and deferred financing fees of $7.3 million and $3.8 million, respectively, at December 31, 2015 | | $ | 1,989.1 |
| | $ | 1,855.6 |
| Senior Secured Term Loan A, payable in quarterly installments through June 30, 2020, including variable interest (2.52% at September 30, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $0.8 million and $0.2 million, respectively, at September 30, 2016, and original issue discount and deferred financing fees of $0.7 million and $0.1 million, respectively, at December 31, 2015 | | 380.7 |
| | 340.4 |
| Other notes payable | | 16.5 |
| | 6.2 |
| Capital lease obligations | | 1.4 |
| | 2.4 |
| Total debt | | 2,387.7 |
| | 2,204.6 |
| Less short-term debt and current portion of long-term debt | | (49.5 | ) | | (43.9 | ) | Total long-term debt | | $ | 2,338.2 |
| | $ | 2,160.7 |
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Schedule of maturities of long-term debt |
Excluding potential additional principal payments due on the senior secured credit facility based on excess cash flows of the prior year, scheduled future maturities of total debt at September 30, 2016, were as follows: | | | | | | (in millions) | | September 30, 2016 | 2016 | | $ | 11.4 |
| 2017 | | 51.0 |
| 2018 | | 54.9 |
| 2019 | | 54.7 |
| 2020 | | 314.7 |
| Thereafter | | 1,914.7 |
| Unamortized original issue discounts and unamortized deferred financing fee | | (13.7 | ) | Total debt | | $ | 2,387.7 |
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