v3.24.3
Long-term Debt (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
The following table summarizes the Company's long-term debt included in the condensed consolidated balance sheet as follows:
(In thousands)September 30, 2024December 31, 2023
Senior Secured Credit Facility: (a)
Term Loan A Facility$373,750 $607,500 
Senior Notes:
4.75% Senior Notes due August 2025
— 774,729 
       10.25% Senior Secured Notes due January 2029
875,000 — 
       4.25% Senior Notes due February 2029
985,010 1,000,000 
       4.25% Convertible Senior Notes due February 2029
143,750 — 
Total long-term debt2,377,510 2,382,229 
Unamortized discount(26,423)(13,873)
Unamortized deferred financing costs(8,526)(6,607)
Long-term debt, net2,342,561 2,361,749 
Current portion of long-term debt7,500 67,500 
Noncurrent portion of long-term debt$2,335,061 $2,294,249 
(a)Represents the aggregate principal amount of the debt, with maturities of Term Loan A (Non-Extended) $90.0 million due February 2026, Term Loan A (Extended) $283.8 million due April 2028, and undrawn $175.0 million Revolving Credit Facility (as defined below) due April 2028. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.
Schedule of Redeemed Percentage
On or after January 15, 2026, AMC Networks may redeem the Secured Notes, at its option, in whole or in part, at any time and from time to time, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest thereon, to the applicable redemption date, if redeemed during the twelve month period beginning on January 15 of the years indicated below:
YearPercentage
2026105.125%
2027102.563%
2028 and thereafter100.000%