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Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt [Abstract]  
Schedule of Debt



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Carrying amount



 

 

September 30,

 

December 31,



 

2018 

 

 

2017 

Short-term debt

$

10,532 

 

$

7,018 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 



 

 

 

 

 

 

 



Term Loans (previously referred to as Delayed draw term loans):

 

 

 

 



 

Denominated in Canadian dollars, secured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 4.015%, due in monthly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, maturing in October 2021

 

173,345 

 

 

185,143 



 

Denominated in United States dollars, secured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 4.219%, due in weekly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, maturing in October 2021

 

92,690 

 

 

144,544 



 

Less: unamortized debt issue costs

 

(2,940)

 

 

(4,134)



Senior unsecured notes:

 

 

 

 



 

Bearing interest at 5.375% due in semi-annual installments, with the full

 

 

 

 

 



 

amount of principal due in January 2025

 

500,000 

 

 

500,000 



 

Less: unamortized debt issue costs

 

(11,317)

 

 

(12,661)

Total Long-term debt

 

751,778 

 

 

812,892 



 

 

 

 

 

 

 

Total debt

$

762,310 

 

$

819,910 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 

Current portion

$

11,556 

 

$

16,907 

Non-current portion

 

740,222 

 

 

795,985 

Total long-term debt

$

751,778 

 

$

812,892