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Debt and Finance Leases
3 Months Ended
Mar. 27, 2021
Debt Disclosure [Abstract]  
Debt and Finance Leases Debt and Finance Leases
The Company’s debt and finance leases included the following:
March 27, 2021December 31, 2020
ABL Credit Facility due 2025, $142 million available, bearing interest 0.25% LIBOR floor plus 2.75%, interest rate of 3.00% at March 27, 2021
— — 
Senior Secured Notes due 2026 at a fixed interest rate of 7.625%
$500,000 $500,000 
Senior Notes due 2024 at a fixed interest rate of 5.5%
495,647 495,647 
Canadian dollar, fixed interest rate term loans with rates ranging from 5.5% to 6.86% and maturity dates ranging from July 2022 through April 2028, secured by certain assets of the Temiscaming mill
73,686 73,791 
Other loans (a)17,082 18,193 
Short-term factoring facility-France4,471 5,089 
Finance lease obligation2,404 2,489 
Total debt principal payments due1,093,290 1,095,209 
Less: Debt premium, original issue discount and issuance costs, net(10,681)(11,272)
Total debt1,082,609 1,083,937 
Less: Debt due within one year(17,446)(17,100)
Long-term debt$1,065,163 $1,066,837 
(a) Primarily loans for energy projects in France.
As of March 27, 2021, debt and finance lease payments due during the remainder of 2021, the next four years and thereafter are as follows:
Finance Lease PaymentsDebt Principal Payments
Remainder of 2021$386 $14,649 
2022515 30,426 
2023515 10,326 
2024515 505,895 
2025515 10,290 
Thereafter473 519,300 
Total principal payments$2,919 $1,090,886 
Less: Imputed interest
515 
Present value minimum finance lease payments$2,404