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)

6 Months Ended

Jun. 30, 2021

The Company’s borrowings consisted of the following:


	June 30, 2021	December 31, 2020
	(In thousands)
Senior Secured Revolving Credit Facility due 2024	$875,000	$985,000
9.00% Second Lien Senior Secured Notes due 2025	516,659	516,659
6.25% Senior Notes due 2023	542,720	542,720
6.125% Senior Notes due 2024	460,241	460,241
8.25% Senior Notes due 2025	187,238	187,238
6.375% Senior Notes due 2026	320,783	320,783
Total principal outstanding	2,902,641	3,012,641
Unamortized discount on Second Lien Notes	(36,241)	(41,820)
Unamortized premium on 6.25% Senior Notes	2,454	2,917
Unamortized premium on 6.125% Senior Notes	2,805	3,236
Unamortized premium on 8.25% Senior Notes	2,859	3,240
Unamortized deferred financing costs for Second Lien Notes	(3,399)	(3,931)
Unamortized deferred financing costs for Senior Notes	(5,965)	(7,019)
Total carrying value of borrowings (1)	$2,865,154	$2,969,264

(1) Excludes unamortized deferred financing costs related to the Company’s senior secured revolving credit facility of $20.7 million and $23.6 million as of June 30, 2021 and December 31, 2020, respectively, which are classified in “Deferred financing costs” 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