XML 33 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
3 Months Ended
Aug. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Terms and Carrying Value of Debt Instrument
The terms and carrying value of each debt instrument at August 31, 2014 and May 31, 2014 are set forth below:
 
(U.S. dollars and euros in millions)
Maturity Date
 
Interest Rate
 
Currency
 
August 31, 2014
 
May 31, 2014
Debt Instruments
 
 
 
 
 
 
 
 
 
Term loan facility B
March 25, 2015
 
LIBOR + 3.00%
 
USD
 
$
103.0

 
$
103.3

Term loan facility B-1
July 25, 2017
 
LIBOR + 3.50%
 
USD
 
$
2,772.2

 
$
2,959.6

Cash flow revolving credit facility
April 25, 2017
 
LIBOR + 3.50%
 
USD
 
$

 
$

Cash flow revolving credit facility
April 25, 2017
 
LIBOR + 3.50%
 
USD/EUR
 
$

 
$

Asset-based revolving credit facility
July 25, 2017
 
LIBOR + 2.00%
 
USD
 
$
205.0

 
$

Senior notes
August 1, 2020
 
6.500%
 
USD
 
$
1,825.0

 
$
1,825.0

Senior subordinated notes
October 1, 2020
 
6.500%
 
USD
 
$
800.0

 
$
800.0

Premium on notes
 
 
 
 
 
 
$
31.1

 
$
32.5

Total debt
 
 
 
 
 
 
$
5,736.3

 
$
5,720.4