Debt (Tables)

9 Months Ended

Sep. 30, 2020

The carrying amounts of long-term debt are as follows:


	September 30, 2020		December 31, 2019
	(In thousands)
HollyFrontier
2.625% Senior Notes	$	350,000	$	—
5.875% Senior Notes	1,000,000		1,000,000
4.500% Senior Notes	400,000		—
	1,750,000		1,000,000

Unamortized discount and debt issuance costs	(13,525)		(6,391)

Total HollyFrontier long-term debt	1,736,475		993,609

HEP
HEP Credit Agreement	948,000		965,500

5.0% Senior Notes	500,000		—
6.0% Senior Notes	—		500,000
	500,000		500,000

Unamortized discount and debt issuance costs	(8,126)		(3,469)

Total HEP long-term debt	1,439,874		1,462,031

Total long-term debt	$	3,176,349	$	2,455,640

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The fair values of the senior notes are as follows:


	September 30, 2020		December 31, 2019
	(In thousands)

HollyFrontier Senior Notes	$	1,835,996	$	1,127,610

HEP Senior Notes	$	490,155	$	522,045

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details