W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

DEBT (Tables)

3 Months Ended

Mar. 31, 2024

The components comprising the Company’s debt are presented in the following table (in thousands):


	March 31,		December 31,
	2024		2023
Term Loan:
Principal	$	114,159	$	114,159
Unamortized debt issuance costs		(2,734)		(3,052)
Total		111,425		111,107

11.75% Senior Second Lien Notes due 2026:
Principal		275,000		275,000
Unamortized debt issuance costs		(4,583)		(5,090)
Total		270,417		269,910

TVPX Loan:
Principal		10,750		11,025
Unamortized discount		(1,159)		(1,294)
Unamortized debt issuance costs		(205)		(144)
Total		9,386		9,587

Total debt, net		391,228		390,604
Less current portion, net		(6,987)		(29,368)
Long-term debt, net	$	384,241	$	361,236

- 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