Debt (Tables)

9 Months Ended

Sep. 30, 2019

The following table presents White Mountains’s debt outstanding as of September 30, 2019 and December 31, 2018:



Millions	September 30, 2019			Effective Rate ⁽¹⁾	December 31, 2018			Effective Rate ⁽¹⁾
NSM Bank Facility	$	221.8		7.7%	$	180.4		7.4%
Unamortized issuance cost	(4.1		)		(3.8		)
NSM Bank Facility, carrying value	217.7				176.6
Other NSM debt	1.7			2.5%	1.9			2.2%
MediaAlpha Bank Facility	—				14.3			7.1%
Unamortized issuance cost	—				(.1		)
MediaAlpha Bank Facility, carrying value	—				14.2
Other Operations debt	11.2			9.6%	—
Unamortized issuance cost	(.4		)		—
Other Operations, carrying value	10.8				—
Total debt	$	230.2			$	192.7

⁽¹⁾Effective rate considers the effect of the debt issuance costs.

- 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