Archaea Energy Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

6 Months Ended

Jun. 30, 2022

The Company’s outstanding debt consists of the following as of June 30, 2022 and December 31, 2021:


(in thousands)	June 30, 2022		December 31, 2021
Credit Agreement, as amended - Term Loan	$	400,000	$	218,625
Credit Agreement, as amended - Revolver	50,000		—
Wilmington Trust – 4.47% Term Note	60,828		60,828
Wilmington Trust – 3.75% Term Note	69,667		72,542
	580,495		351,995
Less unamortized debt issuance costs	(10,027)		(9,221)
Long-term debt less debt issuance costs	570,468		342,774
Less current maturities, net	(21,568)		(11,378)
Total long-term debt, net	$	548,900	$	331,396

Schedule of Maturities of Long-term Debt

Scheduled future maturities of long-term debt principal amounts are as follows:


(in thousands)
Remainder of 2022	$	10,502
2023	26,108
2024	26,371
2025	26,598
2026 and thereafter	490,916
Total	$	580,495

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details