Enerpac Tool Group Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

Debt (Tables)

12 Months Ended

Aug. 31, 2019

The following is a summary of the Company’s long-term indebtedness (in thousands):



	August 31,
	2019			2018
Previous Senior Credit Facility
Revolver	$	—		$	—
Term Loan	—			247,500
Total Previous Senior Credit Facility	—			247,500
New Senior Credit Facility
Revolver	—			—
Term Loan	175,000			—
Total New Senior Credit Facility	175,000			—
5.625% Senior Notes	287,559			287,559
Total Senior Indebtedness	462,559			535,059
Less: Current maturities of long-term debt	(7,500		)	(30,000		)
Debt issuance costs	(2,114		)	(2,364		)
Total long-term debt, less current maturities	$	452,945		$	502,695

Schedule of Maturities of Long-term Debt [Table Text Block]

As of August 31, 2019, future debt maturities for each of the next five fiscal years were as follows (in thousands):



Fiscal Year	Term Loan		Senior Notes		Total
2020	$	7,500	$	—	$	7,500
2021	12,500		—		12,500
2022	17,500		287,559		305,059
2023	20,000		—		20,000
2024	117,500		—		117,500
	$	175,000	$	287,559	$	462,559

- 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