Leslie's, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Long-Term Debt, Net (Tables)

Long-Term Debt, Net (Tables)

3 Months Ended

Jan. 03, 2026

Our long-term debt, net consisted of the following (in thousands, except interest rates):


	Effective Interest Rate (1)				January 3, 2026			October 4, 2025			December 28, 2024
Term Loan		6.58	%	(2)	$	756,650		$	756,650		$	756,650
Revolving Credit Facility		5.34	%	(3)		25,000			—			40,000
Total long-term debt						781,650			756,650			796,650
Less: noncurrent Revolving Credit Facility						(25,000	)		—			(40,000	)
Less: unamortized discount						(1,165	)		(1,297	)		(1,690	)
Less: deferred financing charges						(3,096	)		(3,298	)		(4,350	)
Total long-term debt, net					$	752,389		$	752,055		$	750,610

(1)

Effective interest rates as of January 3, 2026.

(2)

Carries interest at a specified margin over the Term Secured Overnight Financing Rate (“SOFR”) between 2.50% and 2.75% with a minimum SOFR of 0.50% plus a SOFR adjustment.

Carries interest at a specific margin between 0.25% and 0.75% with respect to base rate loans and between 1.25% and 1.75% with respect to Term SOFR loans, with a SOFR adjustment.

Schedule of Debt Maturities and Principal Repayments of Indebtedness

The following table summarizes the debt maturities and scheduled principal repayments of our indebtedness as of January 3, 2026 (in thousands):


	Amount
Remainder of fiscal 2026	$	25,000
2027		—
2028		756,650
2029		—
2030		—
Thereafter		—
Total	$	781,650