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	DEBT SCHEDULE
	Term loan roll-forward and interest calculation
		Historical			Projected
	($mm)	FY2023	FY2024	FY2025	FY2026	FY2027	FY2028	FY2029	FY2030
	TERM LOAN
	Beginning Balance	250	235	220	205	185	165	140	115
	(-) Mandatory Repayment	(15)	(15)	(15)	(20)	(20)	(25)	(25)	(30)
	(-) Optional Prepayment	-	-	-	-	-	-	-	-
	Ending Balance	235	220	205	185	165	140	115	85
	REVOLVING CREDIT FACILITY
	Revolver Balance	0	0	0	0	0	0	0	0
	Revolver Capacity	100	100	100	100	100	100	100	100
	Available Capacity	100	100	100	100	100	100	100	100
	TOTAL DEBT & INTEREST
	Total Debt	235	220	205	185	165	140	115	85
	Term Loan Interest	13.3	12.5	11.7	9.8	8.8	7.6	5.7	4.5
	Revolver Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	Total Interest Expense	13.3	12.5	11.7	9.8	8.8	7.6	5.7	4.5
	Cash Balance (Prior Year)	75.0	64.7	56.7	52.2	49.7	55.0	66.1	87.1
	Interest Income	1.5	1.6	1.7	1.6	1.5	1.4	1.7	2.2
	Net Interest Expense	11.8	10.9	10.0	8.2	7.3	6.2	4.1	2.3
	Notes:
	- Term loan interest calculated on average of beginning and ending balance
	- Revolver currently unused (balance = 0); set to positive values to model draws
	- Interest income calculated on cash balance from Balance Sheet