Anuvu Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Financing Arrangements (Tables)

Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2018

Sep. 30, 2017

A summary of our outstanding indebtedness as of September 30, 2018 and December 31, 2017 is set forth below (in thousands):



	September 30, 2018			December 31, 2017
Senior secured term loan facility, due January 2023⁽⁺⁾	$	481,250		$	490,625
Senior secured revolving credit facility, due January 2022⁽⁺⁾⁽¹⁾	29,015			78,000
2.75% convertible senior notes due 2035⁽²⁾	82,500			82,500
Second Lien Notes, due June 2023⁽³⁾	158,450			—
Other debt	3,329			9,075
Unamortized bond discounts, fair value adjustments and issue costs, net	(67,105		)	(41,136		)
Total carrying value of debt	687,439			619,064
Less: current portion, net	(20,946		)	(20,106		)
Total non-current	$	666,493		$	598,958

⁽⁺⁾This facility is a component of the 2017 Credit Agreement.

⁽¹⁾In the second quarter of 2018, we used a portion of the proceeds of the issuance of our Second Lien Notes to repay the then full outstanding $78 million principal balance on our 2017 Revolving Loans. Subsequently, during the third quarter of 2018 we borrowed approximately $29.0 million on the facility. We expect to draw on the 2017 Revolving Loans from time to time to fund our working capital needs and for other general corporate purposes.

⁽²⁾The principal amount outstanding of the Convertible Notes as set forth in the foregoing table was $82.5 million as of September 30, 2018, and is not the carrying amount of this indebtedness (i.e., outstanding principal amount net of debt issuance costs and discount associated with the equity component). The carrying amount was $70.2 million and $69.7 million as of September 30, 2018 and December 31, 2017, respectively.

⁽³⁾ The principal amount outstanding of the Second Lien Notes as set forth in the foregoing table was $158.5 million as of September 30, 2018, and is not the carrying amount of the indebtedness (i.e. outstanding principal amount net of debt issuance costs and discount associated with the equity component and includes approximately $8.5 million of PIK interest converted to principal during the three months ended September 30, 2018). The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital”.

Schedule of Maturities of Long-term Debt

The aggregate contractual maturities of all borrowings due subsequent to September 30, 2018 are as follows (in thousands):



Years Ending December 31,	Amount
2018 (remaining three months)	$	4,889
2019	22,520
2020	25,374
2021	25,043
2022	54,058
Thereafter	622,660
Total	$	754,544