Debt (Tables)

9 Months Ended

Sep. 30, 2020

Summary of Long-Term Debt and Related Weighted Average Interest Rates

A summary of long-term debt and the related weighted average interest rates is shown below:

	September 30, 2020 (Dollars in Thousands)
Debt Instrument	Total Debt		Debt Issuance Costs ⁽¹⁾			Total Debt, Net			Weighted Average Interest Rate
Term Loan Facility	$	349,200	$	(7,790	)	$	341,410			4.1	%
6.00% Senior Notes due 2025		254,904		(4,670	)		250,234			6.0	%
European CapEx Loans		23,410		—			23,410			2.4	%
Finance Leases		2,686		—			2,686			3.0	%
	$	630,200	$	(12,460	)		617,740
Less: Current portion							(6,034	)
Long-term debt						$	611,706

	December 31, 2019 (Dollars in Thousands)
Debt Instrument	Total Debt		Debt Issuance Costs ⁽¹⁾			Total Debt, Net			Weighted Average Interest Rate
Term Loan Facility	$	371,800	$	(10,192	)	$	361,608			5.7	%
6.00% Senior Notes due 2025		243,074		(5,408	)		237,666			6.0	%
European CapEx Loan		12,693		—			12,693			2.2	%
Finance Leases		3,068		—			3,068			2.9	%
	$	630,635	$	(15,600	)		615,035
Less: Current portion							(4,010	)
Long-term debt						$	611,025

(1)

Unamortized portion

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details