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Long-Term Debt
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Long-Term Debt
LONG-TERM DEBT
Long-term debt, net of current maturities and debt issuance costs, consists of the following:
 
 
 
March 31, 2019
 
 
 
 
 
 
 
Unamortized
 
 
 
Interest
 
 
 
 
 
Origination
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Fees and
 
Long-Term
(In thousands)
Mar. 31, 2019
 
Principal
 
Discount
 
Costs
 
Debt, Net
Bank credit facility
4.649
%
 
$
1,739,356

 
$
(1,218
)
 
$
(20,390
)
 
$
1,717,748

6.875% senior notes due 2023
6.875
%
 
750,000

 

 
(7,262
)
 
742,738

6.375% senior notes due 2026
6.375
%
 
750,000

 

 
(9,263
)
 
740,737

6.000% senior notes due 2026
6.000
%
 
700,000

 

 
(10,290
)
 
689,710

Other
11.023
%
 
58,572

 

 

 
58,572

Total long-term debt
 
 
3,997,928

 
(1,218
)
 
(47,205
)
 
3,949,505

Less current maturities
 
 
26,986

 

 

 
26,986

Long-term debt, net
 
 
$
3,970,942

 
$
(1,218
)
 
$
(47,205
)
 
$
3,922,519


 
 
 
December 31, 2018
 
 
 
 
 
 
 
Unamortized
 
 
 
Interest
 
 
 
 
 
Origination
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Fees and
 
Long-Term
(In thousands)
Dec. 31, 2018
 
Principal
 
Discount
 
Costs
 
Debt, Net
Bank credit facility
4.651
%
 
$
1,771,330

 
$
(1,286
)
 
$
(21,515
)
 
$
1,748,529

6.875% senior notes due 2023
6.875
%
 
750,000

 

 
(7,701
)
 
742,299

6.375% senior notes due 2026
6.375
%
 
750,000

 

 
(9,594
)
 
740,406

6.000% senior notes due 2026
6.000
%
 
700,000

 

 
(10,639
)
 
689,361

Other
11.010
%
 
58,705

 

 

 
58,705

Total long-term debt
 
 
4,030,035

 
(1,286
)
 
(49,449
)
 
3,979,300

Less current maturities
 
 
24,181

 

 

 
24,181

Long-term debt, net
 
 
$
4,005,854

 
$
(1,286
)
 
$
(49,449
)
 
$
3,955,119



The outstanding principal amounts under our existing bank credit facility are comprised of the following:
 
March 31,
 
December 31,
(In thousands)
2019
 
2018
Revolving Credit Facility
$
315,000

 
$
320,000

Term A Loan
244,838

 
248,351

Refinancing Term B Loans
1,149,518

 
1,152,679

Swing Loan
30,000

 
50,300

Total outstanding principal amounts under the bank credit facility
$
1,739,356

 
$
1,771,330



At March 31, 2019, approximately $1.7 billion was outstanding under the bank credit facility. With a total revolving credit commitment of $945.5 million available under the bank credit facility, $315.0 million was borrowed on the Revolving Credit Facility, $30.0 million was borrowed on the Swing Loan and $12.7 million allocated to support various letters of credit, leaving a remaining contractual availability of $587.8 million as of March 31, 2019.

Covenant Compliance
As of March 31, 2019, we believe that we were in compliance with the financial and other covenants of our debt instruments.