Borrowings from Secured and Unsecured Debt Financings (Tables)

12 Months Ended

Dec. 31, 2019

The outstanding amounts of our secured and unsecured term debt financings were as follows:



	At December 31, 2019						At December 31, 2018
Debt Obligation	Outstanding Borrowings			Number of Aircraft	Interest Rate	Final Stated Maturity	Outstanding Borrowings
Secured Debt Financings:
ECA Financings⁽¹⁾	$	147,644		6	3.02% to 3.96%	12/03/21 to 11/30/24	$	189,080
Bank Financings⁽²⁾	993,593			35	3.13% to 4.63%	06/17/23 to 01/19/26	619,715
Less: Debt Issuance Costs	(11,892		)				(10,338		)
Total secured debt financings, net of debt issuance costs and discounts	1,129,345			41			798,457
Unsecured Debt Financings:
Senior Notes due 2019⁽³⁾	—						500,000
Senior Notes due 2020	300,000				7.625%	04/15/20	300,000
Senior Notes due 2021	500,000				5.125%	03/15/21	500,000
Senior Notes due 2022	500,000				5.500%	02/15/22	500,000
Senior 5.00% Notes due 2023	500,000				5.000%	04/01/23	500,000
Senior 4.40% Notes due 2023	650,000				4.400%	09/25/23	650,000
Senior Notes due 2024	500,000				4.125%	05/01/24	500,000
Senior Notes due 2026	650,000				4.250%	06/15/26	—
Unsecured Term Loan	215,000				3.359%	03/07/22 to 03/07/24	120,000
Revolving Credit Facilities	150,000				3.21% to 3.41%	12/27/21 to 06/27/22	425,000
Less: Debt issuance costs and discounts	(32,509		)				(32,104		)
Total unsecured debt financings, net of debt issuance costs and discounts	3,932,491						3,962,896
Total secured and unsecured debt financings, net of debt issuance costs and discounts	$	5,061,836					$	4,761,353

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(1)	The borrowings under these financings at December 31, 2019 have a weighted-average rate of interest of 3.58%.


(2)	The borrowings under these financings at December 31, 2019 have a weighted-average fixed rate of interest of 3.82%.

(3)

Repaid on July 15, 2019.

Maturities of the secured and unsecured debt financings over the next five years and thereafter are as follows: