Delta Airlines 2012 Annual Report Download - page 79

NOTE 8 . LONG-TERM DEBT
The following table summarizes our long-term debt:
72
Maturity Interest Rate(s) Per Annum at December 31,
(in millions) Dates December 31, 2012 2012 2011
2012 Pacific Facilities:
Pacific Term Loan B-1
(2)
October 2018 5.25% variable
(1)
$
1,100
$
—
Pacific Term Loan B-2
(2)
April 2016 4.25% variable
(1)
400
—
Pacific Revolving Facility ($450) October 2017 undrawn variable
(1)
—
—
2011 Credit Facilities:
Term Loan Facility
(2)
April 2017 5.50% variable
(1)
1,354
1,368
Revolving Credit Facility ($1,225) April 2016 undrawn variable
(1)
—
—
2009 Pacific Facilities and Other Debt:
Pacific Routes Term Facility March 2016 4.25% variable
(1)
—
248
Pacific Routes Revolving Facility ($500) March 2013 undrawn variable
(1)
—
—
Senior Secured Notes September 2014 9.50% fixed
—
600
Senior Second Lien Notes March 2015 12.25% fixed
—
306
Other Secured Financing Arrangements:
Certificates
(2)(3)
2013 to 2023 1.06% to 9.75%
4,314
4,677
Aircraft financings
(2)(3)
2013 to 2025 0.81% to 6.76%
3,964
4,570
Other financings
(2)(4)
2013 to 2031 2.44% to 6.12%
707
721
Bank Revolving Credit Facility September 2015 undrawn variable
(1)
—
—
Total secured debt
11,839
12,490
American Express - Advance Purchase of Restricted SkyMiles
(5)
619
952
Other unsecured debt
(2)
2013 to 2035 3.00% to 9.00%
175
355
Total unsecured debt
794
1,307
Total secured and unsecured debt
12,633
13,797
Unamortized discount, net
(527
)
(737
)
Total debt
12,106
13,060
Less: current maturities
(1,507
)
(1,827
)
Total long-term debt
$
10,599
$
11,233
(1)
Interest rate equal to LIBOR (subject to a floor) or another index rate, in each case plus a specified margin.
(2)
Due in installments
(3)
Secured by aircraft.
(4)
Primarily includes loans secured by spare parts, spare engines and aircraft and real estate.
(5)
For additional information about our debt associated with American Express, see Note 7
.