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Debt
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Debt
Debt
Debt, including finance lease obligations, consisted of:
 
March 31,
 
  December 31,  
(Amounts in thousands, except percentages)
2019
 
2018
1.25% EUR Senior Notes due March 17, 2022, net of unamortized discount and debt issuance costs of $3,539 and $3,914
$
557,311

 
$
569,536

3.50% USD Senior Notes due September 15, 2022, net of unamortized discount and debt issuance costs of $2,425 and $2,589
497,575

 
497,411

4.00% USD Senior Notes due November 15, 2023, net of unamortized discount and debt issuance costs of $2,090 and $2,192
297,910

 
297,808

Term Loan Facility, interest rate of 4.10% at March 31, 2019 and 4.30% at December 31, 2018, net of debt issuance costs of $187 and $249
89,813

 
104,751

Finance lease obligations and other borrowings
21,826

 
13,541

Debt and finance lease obligations
1,464,435

 
1,483,047

Less amounts due within one year
72,197

 
68,218

Total debt due after one year
$
1,392,238

 
$
1,414,829


Senior Credit Facility
As discussed in Note 11 to our consolidated financial statements included in our 2018 Annual Report, our amended credit agreement provides for an $195.0 million term loan (“Term Loan Facility”) and a $800.0 million revolving credit facility (“Revolving Credit Facility” and, together with the Term Loan Facility, the “Senior Credit Facility”) with a maturity date of October 14, 2020. As of March 31, 2019 and December 31, 2018, we had no revolving loans outstanding under the Revolving Credit Facility. We had outstanding letters of credit of $84.0 million and $92.9 million at March 31, 2019 and December 31, 2018, respectively, which together with financial covenant limitations based on the terms of our Senior Credit Facility, contributed to the reduction of our borrowing capacity to $575.3 million and $513.7 million, respectively. Our compliance with applicable financial covenants under the Senior Credit Facility is tested quarterly, and we complied with all applicable covenants as of March 31, 2019.
We may prepay loans under our Senior Credit Facility in whole or in part, without premium or penalty, at any time. A commitment fee, which is payable quarterly on the daily unused portions of the Senior Credit Facility, was 0.20% (per annum) during the period ended March 31, 2019. During the three months ended March 31, 2019, we made scheduled repayments of $15.0 million under our Term Loan Facility. We have scheduled repayments of $15.0 million due in each of the next four quarters on our Term Loan Facility.