(In thousands)	March 31, 2020			December 31, 2019
Term loan	$	772,000		$	772,000
Revolving credit facility		200,000			—
Senior notes due 2026		375,000			375,000
Finance lease liabilities		11,510			12,463
Notes payable		4,935			6,369
Total long-term debt		1,363,445			1,165,832
Less unamortized discount		(18,068	)		(18,885	)
Less unamortized debt issuance costs		(7,781	)		(8,076	)
		1,337,596			1,138,871
Less current maturities		(8,041	)		(8,497	)
Long-term debt, net	$	1,329,555		$	1,130,374

As of March 31, 2020, the Company’s senior secured credit facility consisted of a $1.0 billion senior secured first lien credit facility (consisting of an $800 million term loan and a $200 million revolving credit facility) with JPMorgan Chase Bank, N.A. (as administrative agent and collateral agent), the lenders party thereto and the other entities party thereto (the “Credit Facility”).

On March 16, 2020, the Company fully drew the available capacity of $200 million under its revolving credit facility as a precautionary measure in order to increase its cash position and preserve financial flexibility in light of uncertainty in the global markets resulting from the COVID-19 pandemic. In accordance with the terms of the revolving credit facility, the proceeds from these borrowings may be used for working capital, general corporate or other permitted purposes.

As of March 31, 2020, the Company had $772 million in principal amount of outstanding term loan borrowings under its Credit Facility, no letters of credit outstanding under the Credit Facility, and $200 million in principal amount of borrowings outstanding under its revolving credit facility.

As of March 31, 2020, the weighted-average effective interest rate on the Company’s outstanding borrowings under the Credit Facility was approximately 3.9%.

The revolving credit facility matures on October 20, 2022, and the term loan under the Credit Facility matures on October 20, 2024. The term loan under the Credit Facility is repayable in 27 quarterly installments of $2 million each, which commenced in March 2018, followed by a final installment of $746 million at maturity.

The Company was in compliance with its financial covenants under the Credit Facility as of March 31, 2020.

On April 15, 2019, the Company issued $375 million in principal amount of 7.625% Senior Notes due 2026 (“2026 Notes”) in a private placement to institutional buyers at face value. The 2026 Notes bear interest at 7.625%, payable semi-annually on April 15^th and October 15^th of each year.