Express Scripts 2014 Annual Report Download - page 76
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7. Financing
TheCompany’sdebt,netofunamortizeddiscountsandpremiums,consistsof:
December 31,
(in millions) 2014 2013
Long-termdebt:
March 2008 Senior Notes
7.125%seniornotesdue2018 $1,338.4 $1,378.5
June 2009 Senior Notes
7.250%seniornotesdue2019 498.2 497.9
September 2010 Senior Notes
4.125%seniornotesdue2020 505.9 506.8
2.750%seniornotesdue2015 502.9 506.9
1,008.8 1,013.7
May 2011 Senior Notes
3.125%seniornotesdue2016 1,498.2 1,497.0
November 2011 Senior Notes
4.750%seniornotesdue2021 1,242.1 1,241.2
6.125%seniornotesdue2041 698.5 698.4
3.500%seniornotesdue2016 — 1,249.8
2.750%seniornotesdue2014 — 899.7
1,940.6 4,089.1
February 2012 Senior Notes
2.650%seniornotesdue2017 1,493.6 1,490.7
2.100%seniornotesdue2015 999.8 998.1
3.900%seniornotesdue2022 983.8 981.9
3,477.2 3,470.7
June 2014 Senior Notes
2.250%seniornotesdue2019 997.9 —
3.500%seniornotesdue2024 993.1 —
1.250%seniornotesdue2017 499.8 —
2,490.8 —
TermfacilitydueAugust29,2016withanaverageinterestrateof1.90%atDecember31,
2014and1.92%atDecember31,2013 1,315.8 2,000.0
Other — 0.1
Totaldebt 13,568.0 13,947.0
Less:Currentmaturitiesoflong-termdebt 2,555.3 1,584.0
Totallong-termdebt $11,012.7 $12,363.0
BANK CREDIT FACILITIES
InAugust2011,weenteredintoacreditagreement(the“creditagreement”)withacommercialbanksyndicate
providingforafive-year$4,000.0milliontermloanfacility(the“termfacility”)anda$1,500.0millionrevolvingloanfacility
(the“revolvingfacility”).ThetermfacilitywasusedtopayaportionofthecashconsiderationinconnectionwiththeMerger
(asdescribedinNote3-Changesinbusiness),torepayexistingindebtednessandtopayrelatedfeesandexpenses.Subsequent
toconsummationoftheMergeronApril2,2012,therevolvingfacilityisavailableforgeneralcorporatepurposes.Theterm
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