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52 Jarden Corporation Annual Report 2014
The Facility contains certain restrictions, subject to certain exceptions and qualications, on the conduct of the Company and certain
of its subsidiaries, including, among other restrictions: incurring debt, disposing of certain assets, making investments, creating or
suffering liens, completing certain mergers, consolidations and sales of assets, acquisitions, declaring dividends to third parties,
redeeming or prepaying other debt, and certain transactions with afliates. The Facility also includes nancial covenants that require
the Company to maintain certain total leverage and interest coverage ratios.
The Facility contains a covenant that restricts the Company and its subsidiaries from making certain “restricted payments” (any
dividend or other distribution, whether in cash, securities or other property, with respect to any stock or stock equivalents of the
Company or any subsidiary), except that:
• the Company may declare and make dividend payments or other distributions payable in common stock;
• the Company may repurchase shares of its own stock (provided certain nancial and other conditions are met); and
• the Company may make restricted payments during any scal year not otherwise permitted, provided that certain nancial and
other conditions are met.
The Facility and the indentures related to the Senior Notes and the Senior Subordinated Notes (the “Indentures”) contain cross-
default provisions pursuant to which a default in respect to certain of the Company’s other indebtedness could trigger a default by the
Company under the Facility and the Indentures. If the Company defaults under the covenants (including the cross-default provisions),
the Company’s lenders could foreclose on their security interest in the Company’s assets, which may have a material adverse effect on
the consolidated nancial condition, results of operations or cash ows of the Company.
The Company’s obligations under the Facility, Senior Subordinated Notes, Senior Notes and Senior Subordinated Convertible Notes are
guaranteed, on a joint and several basis, by certain of its domestic subsidiaries, all of which are directly or indirectly wholly-owned by
the Company (see Note19).
The Company’s debt maturities for the ve years following December31, 2014 and thereafter are as follows:
Years Ending December31,
Amount
(Inmillions)
2015 $594.9
2016 63.3
2017 698.4
2018 1,148.8
2019 801.9
Thereafter 2,058.2
Total principal payments 5,365.5
Net discount and other (306.6)
Total $ 5,058.9
At December31, 2014 and 2013, unamortized deferred debt issue costs were $44.9 and $47.3, respectively. These costs are included in
“Other assets” on the consolidated balance sheets and are being amortized over the respective terms of the underlying debt.
At December31, 2014 and 2013, the approximate fair market value of total debt is as follows:
(In millions) 2014 2013
Level 1 $1,413 $1,589
Level 2 3,741 3,344
 
Total $ 5,154 $4,933
 
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2014 (Dollars in millions, except per share data and unless otherwise indicated)