Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM DEBT (Tables)

v3.22.2.2
LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2022
LONG-TERM DEBT.  
Schedule of Long-Term Debt, Related Discounts and Issuance Costs

(In thousands)

September 30, 

December 31, 

2022

2021

Revolving Credit Facility due 2026

$

$

Senior Secured Notes due 2028(1)

410,000

310,000

Less: Unamortized debt issuance costs, discounts and premiums, net

 

(8,571)

 

(8,381)

$

401,429

$

301,619

__________

(1) The estimated fair value of these notes was approximately $370.2 million for September 30, 2022 and $327.5 million for December 31, 2021. The fair value was estimated using quoted market prices for these notes.
Debt Instrument Redemption

At any time on or after February 15, 2024, the Company may redeem some or all of the Notes for cash at the following redemption prices:

Redemption Periods

    

Percentage Premium

February 15, 2024 to February 14, 2025

 

104.125

%

February 15, 2025 to February 14, 2026

 

102.063

%

February 15, 2026 and Thereafter

100.000

%