Long-Term Debt and Financing Matters (Tables)

9 Months Ended

Sep. 30, 2025

Long-term debt consists of the following (in thousands):


	September 30, 2025	December 31, 2024
Senior secured term loan facility	$772,256	$773,772
5.75% Senior Notes	299,664	299,596
Finance leases	25,993	20,907
Other debt	20,410	15,672
Deferred financing costs	(11,958)	(14,895)
Total debt	1,106,365	1,095,052
Less current maturities	(19,342)	(9,234)
Long-term debt, less current maturities	$1,087,023	$1,085,818

Debt Instrument Redemption

The Issuer may redeem the 5.75% Senior Notes, in whole or in part, at any time and from time to time, at the redemption

prices set forth below, plus accrued and unpaid interest, if any, to the redemption date, subject to compliance with certain

conditions:


Date (if redeemed during the 12 month period beginning on July 15 of the years indicated below)	Percentage
2025	101.438%
2026 and thereafter	100.000%

Contractual Obligation, Fiscal Year Maturity

Future installments of long-term debt at September 30, 2025, excluding unamortized discounts and unamortized deferred

financing costs, are as follows (in thousands):


2025 (remaining three months)	$7,744
2026	23,467
2027	15,127
2028	12,552
2029	311,567
Thereafter	753,447
Total	$1,123,904

- 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

Ardent Health, Inc. 10-Q