DEBT

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

DEBT

DEBT

The disclosures below include details of the company’s debt. Debt of CIP is detailed in Note 11, "Consolidated Investment Products".

	June 30, 2023		December 31, 2022
$ in millions	Carrying Value (3)	Fair Value	Carrying Value (3)	Fair Value
$2.0 billion floating rate credit facility expiring April 26, 2028(1)	—	—	—	—
Unsecured Senior Notes: (2)
$600 million 4.000% - due January 30, 2024	599.4	594.2	598.8	591.5
$500 million 3.750% - due January 15, 2026	498.2	483.7	497.9	486.4
$400 million 5.375% - due November 30, 2043	391.0	387.1	390.9	397.3
Debt	1,488.6	1,465.0	1,487.6	1,475.2

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(1)    On April 26, 2023, Invesco Ltd. and its indirect subsidiary, Invesco Finance PLC, amended and restated the $1.5 billion floating rate credit facility, increasing the facility’s capacity to $2.0 billion, extending the expiration date from April 26, 2026 to April 26, 2028, and changing the base interest rate from LIBOR to SOFR.

(2)    The company’s senior note indentures contain certain restrictions on mergers or consolidations. Beyond these items, there are no other restrictive covenants in the indentures.

(3)    The difference between the principal amounts and the carrying values of the senior notes in the table above reflect the unamortized debt issuance costs and discounts.