Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 71

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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 of control transactions, the applicable issuer or issuers will be required to make an offer to repurchase the Senior Notes at a price equal to 101% of the aggregate principal amount of the Senior Notes, plus accrued and unpaid interest. The interest rate payable on the 2021 Senior Notes is subject to adjustment if the credit rating of the 2021 Senior Notes is downgraded, up to a maximum increase of 2.0%. The Senior Notes are subject to certain customary covenants, including limitations on the ability of the Company and certain of its subsidiaries to incur debt secured by liens, engage in certain sale and leaseback transactions and consolidate, merge, convey or transfer their assets substantially as an entirety. During the period ended June 30, 2025, the Company and its applicable subsidiaries were in compliance with the covenants under the Senior Notes.A summary of the Company’s long-term debt is as follows:

 As of December 31, 2024As of June 30, 2025 Credit facility, net of amortization expenses  $476,089 $463,002  1.750% 2021 Senior Notes, net of debt amortization expenses  349,234349,532 6.000% 2024 Senior Notes, net of debt amortization expenses  396,117 396,553 Total$1,221,440 $1,209,087  Current portion  26,173375,714 Non-current portion 1,195,267833,373Total  $1,221,440 $1,209,087  

12. Accrued expenses and other current liabilities

 Accrued expenses and other current liabilities consist of the following:As of December 31, 2024As of June 30, 2025Accrued expenses $199,555 $193,719 Accrued employee cost 328,090250,514Statutory liabilities 78,26770,183Retirement benefits 2,2191,809Compensated absences28,15732,700Derivative instruments (Note 6)37,42617,685Contract liabilities (Note 19)101,85393,858Finance leases liability8,58110,338Earn-out consideration—77,500Deferred compensation plan liability (Note 5)3,8133,136Other liabilities25,03326,226$812,994 $777,668 

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