Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 160

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 7
Chunk 160
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$43.0 $0.4 Gain (loss) on cash flow hedging relationshipsForeign currency forward contractsAmount of gain or (loss) reclassified from AOCI into earnings$0.1 $— $— $— Amount excluded from effectiveness testing recognized using a systematic and rational amortization approach$(0.3)$(0.2)$— $— Interest rate swap agreementsAmount of gain or (loss) reclassified from AOCI into earnings$— $— $7.8 $— 

20

Perrigo Company plc - Item 1Note 11

NOTE 11 - INDEBTEDNESS

Total borrowings are summarized as follows (in millions): March 29, 2025December 31, 2024Term loansTerm A Loans due April 20, 2027(1)$440.6 $446.9 Term B Loans due April 20, 2029(1)979.8 982.2 Total term loans$1,420.4 $1,429.1 Notes and BondsCouponDue4.900%June 15, 2030(2)750.0 750.0 *5.375%September 30, 2032(3)378.9 362.4 6.125%September 30, 2032(3)715.0 715.0 5.300%November 15, 204390.5 90.5 4.900%December 15, 2044303.9 303.9 Total notes and bonds2,238.3 2,221.8 Other financing12.9 13.2 Unamortized premium (discount), net(22.3)(23.1)Deferred financing fees(21.8)(22.9)Total borrowings outstanding3,627.5 3,618.1 Current indebtedness(36.2)(36.4)Total long-term debt less current portion$3,591.3 $3,581.7 (1)    Discussed collectively herein as the "Senior Secured Credit Facilities".(2)     The coupon rate noted above is as of March 29, 2025. This increased from 4.650% to 4.900% on payments starting after June 15, 2024, following a credit rating