Thermon Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

9 Months Ended

Dec. 31, 2022

Long-term debt consisted of the following:


	December 31, 2022		March 31, 2022
Variable Rate Term Loan A due September 2026, net of deferred debt issuance costs of $486 and $640 as of December 31, 2022, and March 31, 2022, respectively	$	107,793	$	128,360
Less current portion	(10,219)		(7,929)
Total long-term debt	$	97,574	$	120,431

Long-term debt, stated percentage of facilities

Each of the Facilities terminates on September 29, 2026. Commencing January 1, 2022, each of the Term Loans will amortize as set forth in the table below, with payments on the first day of each January, April, July and October, with the balance of each Term Loan Facility due at maturity.


Installment Dates	Original Principal Amount
January 1, 2022, through October 1, 2022	1.25	%
January 1, 2023, through October 1, 2024	1.88	%
January 1, 2025, through July 1, 2026	2.50	%

- 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