Annual report pursuant to Section 13 and 15(d)

Senior Unsecured Notes (Tables)

v2.4.1.9
Senior Unsecured Notes (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Summary Of Senior Unsecured Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           December 31,

 

Effective

 

 

 

 

2014 

 

 

2013 

 

Rate (1)

 

5.125% Senior Unsecured Notes, due February 15, 2014 (2)

 

 

 -

 

$

200,030 

 

5.110 

%

5.125% Senior Unsecured Notes, due January 15, 2015 (3)

 

 

 -

 

 

149,902 

 

5.297 

%

5.800% Senior Unsecured Notes, due January 15, 2016

 

$

200,086 

 

 

200,161 

 

5.806 

%

2.500% Senior Unsecured Notes, due  December 15, 2017

 

 

249,150 

 

 

248,855 

 

2.803 

%

7.750% Senior Unsecured Notes, due August 15, 2019

 

 

249,013 

 

 

248,799 

 

8.017 

%

4.500% Senior Unsecured Notes, due April 18, 2022

 

 

299,565 

 

 

299,505 

 

4.612 

%

3.150% Senior Unsecured Notes, due May 15, 2023

 

 

269,930 

 

 

269,323 

 

3.517 

%

 

 

 

 

 

 

 

 

 

 

Total senior unsecured notes

 

$

1,267,744 

 

$

1,616,575 

 

 

 

 

(1)Includes the cost of terminated treasury lock agreements (if any), offering and other transaction costs and the discount/premium on the notes, as applicable.

(2)On February 17, 2014, the Company repaid these notes at their maturity using available cash and borrowings on the Company’s unsecured revolving credit facility.

(3)These notes were redeemed on December 17, 2014. The redemption price, including a make-whole premium, was 100.380 percent of the principal amount of the Notes, plus all accrued and unpaid interest up to the Redemption Date. The Company funded the redemption price, including accrued and unpaid interest, of approximately $153.8 million using available cash and borrowings on the Company’s unsecured revolving credit facility.  In connection with the redemption, the Company recorded approximately $0.6 million as a loss from early extinguishment of debt (including the write-off of unamortized deferred financing costs).