Callon Petroleum Company Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Borrowings (Tables)

Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

The Company’s borrowings consisted of the following:


	March 31, 2020	December 31, 2019
	(In thousands)
Senior Secured Revolving Credit Facility due 2024	$1,350,000	$1,285,000
6.25% Senior Notes due 2023	650,000	650,000
6.125% Senior Notes due 2024	600,000	600,000
8.25% Senior Notes due 2025	250,000	250,000
6.375% Senior Notes due 2026	400,000	400,000
Total principal outstanding	3,250,000	3,185,000
Unamortized premium on 6.125% Senior Notes	5,063	5,344
Unamortized premium on 6.25% Senior Notes	4,503	4,838
Unamortized premium on 8.25% Senior Notes	5,047	5,286
Unamortized deferred financing costs for Senior Notes	(13,701)	(14,359)
Total carrying value of borrowings ⁽¹⁾	$3,250,912	$3,186,109

(1) Excludes unamortized deferred financing costs related to the Company’s senior secured revolving credit facility of $21.4 million and $22.2 million as of March 31, 2020 and December 31, 2019, respectively, which are classified in “Other long-term assets, net” in the consolidated balance sheets.

- 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.

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+ Details