Debt (Tables)

12 Months Ended

Dec. 31, 2019

The following table presents our long-term debt:



		December 31,
Series	Due	2019			2018
		(In Thousands)
IPL first mortgage bonds:
3.875% ⁽¹⁾	August 2021	$	55,000		$	55,000
3.875% ⁽¹⁾	August 2021	40,000			40,000
3.125% ⁽¹⁾	December 2024	40,000			40,000
6.60%	January 2034	100,000			100,000
6.05%	October 2036	158,800			158,800
6.60%	June 2037	165,000			165,000
4.875%	November 2041	140,000			140,000
4.65%	June 2043	170,000			170,000
4.50%	June 2044	130,000			130,000
4.70%	September 2045	260,000			260,000
4.05%	May 2046	350,000			350,000
4.875%	November 2048	105,000			105,000
Unamortized discount – net		(6,156		)	(6,272		)
Deferred financing costs		(16,629		)	(17,115		)
Total IPL first mortgage bonds		1,691,015			1,690,413
IPL unsecured debt:
Variable ⁽²⁾	December 2020	30,000			30,000
Variable ⁽²⁾	December 2020	60,000			60,000
Deferred financing costs		(114		)	(229		)
Total IPL unsecured debt		89,886			89,771
Total long-term debt – IPL		1,780,901			1,780,184
Long-term debt – IPALCO:
Term Loan	July 2020	65,000			65,000
3.45% Senior Secured Notes	July 2020	405,000			405,000
3.70% Senior Secured Notes	September 2024	405,000			405,000
Unamortized discount – net		(313		)	(424		)
Deferred financing costs		(3,959		)	(5,696		)
Total long-term debt – IPALCO		870,728			868,880
Total consolidated IPALCO long-term debt		2,651,629			2,649,064
Less: current portion of long-term debt		559,199			—
Net consolidated IPALCO long-term debt		$	2,092,430		$	2,649,064


(1)	First mortgage bonds issued to the Indiana Finance Authority, to secure the loan of proceeds from tax-exempt bonds issued by the Indiana Finance Authority.

(2)

Unsecured notes issued to the Indiana Finance Authority by IPL to facilitate the loan of proceeds from various tax-exempt notes issued by the Indiana Finance Authority.

Schedule Of Maturities On Long-Term Indebtedness

Maturities on long-term indebtedness subsequent to December 31, 2019, are as follows:



Year	Amount
	(In Thousands)
2020	$	560,000
2021	95,000
2022	—
2023	—
2024	445,000
Thereafter	1,578,800
Total	$	2,678,800

Indianapolis Power And Light Company

Entity Information [Line Items]

Schedule Long-Term Indebtedness

The following table presents IPL’s long-term debt:



		December 31,
Series	Due	2019			2018
		(In Thousands)
IPL first mortgage bonds:
3.875% ⁽¹⁾	August 2021	55,000			55,000
3.875% ⁽¹⁾	August 2021	40,000			40,000
3.125% ⁽¹⁾	December 2024	40,000			40,000
6.60%	January 2034	100,000			100,000
6.05%	October 2036	158,800			158,800
6.60%	June 2037	165,000			165,000
4.875%	November 2041	140,000			140,000
4.65%	June 2043	170,000			170,000
4.50%	June 2044	130,000			130,000
4.70%	September 2045	260,000			260,000
4.05%	May 2046	350,000			350,000
4.875%	November 2048	105,000			105,000
Unamortized discount – net		(6,156		)	(6,272		)
Deferred financing costs		(16,629		)	(17,115		)
Total IPL first mortgage bonds		1,691,015			1,690,413
IPL unsecured debt:
Variable ⁽²⁾	December 2020	30,000			30,000
Variable ⁽²⁾	December 2020	60,000			60,000
Deferred financing costs		(114		)	(229		)
Total IPL unsecured debt		89,886			89,771
Total consolidated IPL long-term debt		1,780,901			1,780,184
Less: current portion of long-term debt		89,886			—
Net consolidated IPL long-term debt		$	1,691,015		$	1,780,184


(1)	First mortgage bonds issued to the Indiana Finance Authority, to secure the loan of proceeds from tax-exempt bonds issued by the Indiana Finance Authority.

(2)

Unsecured notes issued to the Indiana Finance Authority by IPL to facilitate the loan of proceeds from various tax-exempt notes issued by the Indiana Finance Authority.

Schedule Of Maturities On Long-Term Indebtedness

Maturities on long-term indebtedness subsequent to December 31, 2019, are as follows:



Year	Amount
	(In Thousands)
2020	$	90,000
2021	95,000
2022	—
2023	—
2024	40,000
Thereafter	1,578,800
Total	$	1,803,800