
(Dollars in thousands)	March 31, 2026		December 31, 2025
Initial First Lien Term Loans due 2029	175,000		175,000
Existing 4.625% Senior Notes due 2028	1,755		1,755
New 4.625% Second Lien Notes due 2029	498,245		498,245
Existing 9.875% Senior Notes due 2028	3,833		3,833
New 9.875% Second Lien Notes due 2029	446,167		446,167
Unamortized debt discount and issuance costs	(28,346)		(30,294)
Total long-term debt	$	1,096,654	$	1,094,706

The fair value of our debt was approximately $737.0 million and $946.6 million as of March 31, 2026 and December 31, 2025, respectively. The fair values were determined using Level 1 quoted market prices for the same or similar debt instruments.

As of March 31, 2026 and December 31, 2025, we did not have any borrowings under our Delayed Draw First Lien Term Loan Facility, with $100 million available as of the end of each period. This amount is available until July 23, 2026.

As of March 31, 2026 and December 31, 2025, the availability under our 2018 Revolving Credit Facility was $108.5 million and $101.6 million, respectively. As any borrowings under the 2018 Revolving Credit Facility remain subject to compliance with the financial covenant thereunder, our operating performance as of March 31, 2026 and December 31, 2025 resulted in our inability to access the full amount of commitments under the facility. As of March 31, 2026 and December 31, 2025, there were no borrowings outstanding on the 2018 Revolving Credit Facility, and there was $7.0 million and $13.8 million, respectively, of letters of credit drawn against the 2018 Revolving Credit Facility.