Cintas' outstanding debt is summarized as follows:



(In thousands)	Interest Rate			Fiscal Year Issued	Fiscal Year Maturity	November 30, 2018			May 31, 2018

Debt due within one year
Commercial paper	2.60	%	⁽¹⁾	Various	Various	$	173,500		$	—
Total debt due within one year						$	173,500		$	—

Debt due after one year
Senior notes	4.30	%		2012	2022	$	250,000		$	250,000
Senior notes	2.90	%		2017	2022	650,000			650,000
Senior notes	3.25	%		2013	2023	300,000			300,000
Senior notes ⁽²⁾	2.78	%		2013	2023	51,902			52,119
Senior notes ⁽³⁾	3.11	%		2015	2025	52,140			52,309
Senior notes	3.70	%		2017	2027	1,000,000			1,000,000
Senior notes	6.15	%		2007	2037	250,000			250,000
Debt issuance costs						(17,634		)	(19,119		)
Total debt due after one year						$	2,536,408		$	2,535,309

⁽¹⁾ Variable rate debt instrument. The rate presented is the variable borrowing rate at November 30, 2018.

⁽²⁾ Cintas assumed these senior notes with the acquisition of G&K in the fourth quarter of fiscal 2017, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.73%.

⁽³⁾Cintas assumed these senior notes with the acquisition of G&K in the fourth quarter of fiscal 2017, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.88%.