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Secured and Unsecured Debt Financings
2 Months Ended
Feb. 29, 2020
Debt Disclosure [Abstract]  
Secured and Unsecured Debt Financings Secured and Unsecured Debt Financings
The outstanding amounts of our secured and unsecured debt financings as of the dates indicated below are as follows:
 At February 29, 2020At
December 31,
2019
Debt ObligationOutstanding
Borrowings
Number of AircraftInterest RateFinal Stated
Maturity
Outstanding
Borrowings
Secured Debt Financings:
ECA Financings(1)
$50,745 3.49% to 3.96%12/03/21 to 11/30/24$147,644 
Bank Financings(2)
971,693 34 3.13% to 4.55%06/17/23 to 01/19/26993,593 
Less: Debt issuance costs and discounts(9,920)— (11,892)
Total secured debt financings, net of debt issuance costs and discounts1,012,518 36 1,129,345 
Unsecured Debt Financings:
Senior Notes due 2020300,000 7.625%04/15/20300,000 
Senior Notes due 2021500,000 5.125%03/15/21500,000 
Senior Notes due 2022500,000 5.50%02/15/22500,000 
Senior 5.00% Notes due 2023500,000 5.00%04/01/23500,000 
Senior 4.40% Notes due 2023650,000 4.40%09/25/23650,000 
Senior Notes due 2024500,000 4.125%05/01/24500,000 
Senior Notes due 2026650,000 4.250%06/15/26650,000 
Unsecured Term Loans215,000 3.36%03/07/22 to 03/07/24215,000 
Revolving Credit Facilities100,000 3.11%12/27/21 to 6/27/22150,000 
   Less: Debt issuance costs and discounts(30,765)(32,509)
Total unsecured debt financings, net of debt issuance costs and discounts3,884,235 3,932,491 
Total secured and unsecured debt financings, net of debt issuance costs and discounts$4,896,753 $5,061,836 
         
(1)The borrowings under these financings at February 29, 2020 have a weighted-average rate of interest of 3.62%. During February 2020, the Company repaid the principal amounts outstanding for four aircraft, which were not released as security for the loans as of February 29, 2020, due to the physical location of the aircraft - see Note 6.
(2)The borrowings under these financings at February 29, 2020 have a weighted-average fixed rate of interest of 3.78%.
At February 29, 2020, we had $100,000 outstanding under our revolving credit facilities and had $1,000,000 available for borrowing.
As of February 29, 2020, we were in compliance with all applicable covenants in our financings.