v3.26.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Components of Long-Term Debt

The components of the Company’s long-term debt were as follows:

 

 

Successor

 

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

Principal
Balance

 

 

Unamortized
Deferred
Financing
Costs

 

 

Unamortized
Debt
Premium

 

 

Effective
Rate
(1)

 

 

Principal
Balance

 

 

Unamortized
Deferred
Financing
Costs

 

 

Unamortized
Debt
Premium

 

 

Effective
Rate
(1)

 

New Term Loan Facility due June 24, 2030

 

$

465,000

 

 

$

1,103

 

 

$

(1,543

)

 

 

10.46

%

 

$

465,000

 

 

$

1,168

 

 

$

(1,634

)

 

 

10.91

%

Total

 

$

465,000

 

 

$

1,103

 

 

$

(1,543

)

 

 

10.46

%

 

$

465,000

 

 

$

1,168

 

 

$

(1,634

)

 

 

10.91

%

Less: Current portion

 

 

(26,808

)

 

 

 

 

 

 

 

 

 

 

 

—

 

 

 

 

 

 

 

 

 

 

Less: Unamortized deferred financing costs

 

 

(1,103

)

 

 

 

 

 

 

 

 

 

 

 

(1,168

)

 

 

 

 

 

 

 

 

 

Plus: Unamortized debt premium

 

 

1,543

 

 

 

 

 

 

 

 

 

 

 

 

1,634

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

$

438,632

 

 

 

 

 

 

 

 

 

 

 

$

465,466

 

 

 

 

 

 

 

 

 

 

 

(1)
Includes amortization of deferred financing costs and debt premium.