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, 2022

The Company’s borrowings consisted of the following:


	March 31, 2022	December 31, 2021
	(In thousands)
6.125% Senior Notes due 2024	$460,241	$460,241
Senior Secured Revolving Credit Facility due 2024	712,000	785,000
9.00% Second Lien Senior Secured Notes due 2025	319,659	319,659
8.25% Senior Notes due 2025	187,238	187,238
6.375% Senior Notes due 2026	320,783	320,783
8.00% Senior Notes due 2028	650,000	650,000
Total principal outstanding	2,649,921	2,722,921
Unamortized premium on 6.125% Senior Notes	2,157	2,373
Unamortized discount on 9.00% Second Lien Senior Secured Notes	(13,591)	(14,852)
Unamortized premium on 8.25% Senior Notes	2,287	2,477
Unamortized deferred financing costs for Second Lien Notes	(2,663)	(2,910)
Unamortized deferred financing costs for Senior Notes	(14,829)	(15,894)
Total carrying value of borrowings (1)	$2,623,282	$2,694,115

(1) Excludes unamortized deferred financing costs related to the Company’s senior secured revolving credit facility of $16.5 million and $18.1 million as of March 31, 2022 and December 31, 2021, 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