| Schedule of Company's debt |
As of March 31, 2015 and December 31, 2014, the Company’s debt consisted of the following: | | | | | | | | | | March 31,
2015 | | December 31,
2014 | | (in thousands) | $2,050.0 million term A loan, maturing on June 13, 2019, and bearing interest at a variable base rate (LIBOR) plus a spread rate (200 basis points) (total rate of 2.17% at March 31, 2015) and amortizing on a basis of 1.25% per quarter during each of the first twelve quarters, 1.875% per quarter during the next four quarters and 2.50% during the next three quarters with a balloon payment due at maturity | $ | 1,973,125 |
| | $ | 1,998,750 |
| $1,400.0 million term B loan, maturing on June 13, 2021, and bearing interest at a variable base rate (LIBOR) with a floor of 75 basis points plus a spread rate (300 basis points) (total rate of 3.75% at March 31, 2015) and amortizing on a basis of 0.25% per quarter, with a balloon payment due at maturity | 1,189,500 |
| | 1,393,000 |
| $10.1 million leasehold mortgage, expiring on August 10, 2021 and bearing interest payable monthly at a fixed rate (rate of 6.22% at March 31, 2015) | 10,131 |
| | 10,131 |
| Less: Current portion of note payable and current portion of note payable to related party | (116,501 | ) | | (116,501 | ) | Less: Original issue discount | (6,963 | ) | | (8,143 | ) | Note payable and note payable to related party | $ | 3,049,292 |
| | $ | 3,277,237 |
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