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, 2022

Schedule of Debt Instruments [Table Text Block]


	March 31,		December 31,
	2022		2021
Term Loan:
Principal	$	178,229	$	190,859
Unamortized debt issuance costs		(6,108)		(7,545)
Total Term Loan		172,121		183,314

Credit Agreement borrowings:		—		—

Senior Second Lien Notes:
Principal		552,460		552,460
Unamortized debt issuance costs		(4,264)		(4,876)
Total Senior Second Lien Notes		548,196		547,584

Less current portion		(39,881)		(42,960)
Total long-term debt, net	$	680,436	$	687,938

- 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