($ in thousands)
Issuer |
Type |
Coupon |
Issued
Amount |
Current
Outstanding
Amount |
Maturity |
CUSIP |
Greatbatch, Ltd. |
Term Loan A(1) |
LIBOR + 1.50%-3.00% |
$375,000 |
$229,687 |
10/27/2022 |
39154EAC5 |
Greatbatch, Ltd. |
Term Loan B(2) |
LIBOR + 2.50% |
$1,025,000 |
$508,286 |
10/27/2022 |
39154EAG6 |
Greatbatch, Ltd. |
Revolving Credit Facility(1)(3) |
LIBOR + 1.50%-3.00% |
$200,000 |
- |
10/27/2022 |
39154EAB7 |
(1) Outstanding borrowings under the Term Loan A and the Revolving Credit Facility bear interest at (i) the applicable London Interbank Offered Rate ("LIBOR") plus the applicable margin, ranging between 1.50% and 3.00%, based on the Company's total net leverage ratio or (ii) the prime rate plus the applicable margin, which will range between 0.50% and 2.00%, based on the Company's total net leverage ratio; at the Company's option.
(2) Outstanding borrowings under the Term Loan B bear interest at (i) the applicable LIBOR rate plus 2.50%, with LIBOR subject to a 1.00% floor, or (ii) the prime rate plus 1.50%; at the Company's option.
(3) The Company is required to pay a commitment fee on the unused portion of the Revolving Credit Facility, ranging between 0.175% and 0.25%, depending on the Company's total net leverage ratio.
(4) Current Outstanding Amount as of the Company's most recent quarterly filing, details of which can be found
here.