Debt

3 Months Ended

Mar. 31, 2020

The following table summarizes the carrying amount of our indebtedness (in thousands):



	March 31, 2020			December 31, 2019
2021 Notes	$	575,000		$	575,000
Unamortized discount and debt issuance costs on 2021 Notes	(33,152		)	(38,865		)
2021 Notes, net	541,848			536,135

2024 Notes	575,000			575,000
Unamortized discount and debt issuance costs on 2024 Notes	(112,389		)	(117,859		)
2024 Notes, net	462,611			457,141

Term loan	605,912			613,981
Total debt	1,610,371			1,607,257
Less current portion	33,387			33,387
Total long-term debt	$	1,576,984		$	1,573,870

Exchangeable Senior Notes

The Exchangeable Senior Notes were issued by Jazz Investments I Limited, or the Issuer, a 100%-owned finance subsidiary of Jazz Pharmaceuticals plc. The Exchangeable Senior Notes are senior unsecured obligations of the Issuer and are fully and unconditionally guaranteed on a senior unsecured basis by Jazz Pharmaceuticals plc. No subsidiary of Jazz Pharmaceuticals plc guaranteed the Exchangeable Senior Notes. Subject to certain local law restrictions on payment of dividends, among other things, and potential negative tax consequences, we are not aware of any significant restrictions on the ability of Jazz Pharmaceuticals plc to obtain funds from the Issuer or Jazz Pharmaceuticals plc’s other subsidiaries by dividend or loan, or any legal or economic restrictions on the ability of the Issuer or Jazz Pharmaceuticals plc’s other subsidiaries to transfer funds to Jazz Pharmaceuticals plc in the form of cash dividends, loans or advances. There is no assurance that in the future such restrictions will not be adopted.

As of March 31, 2020, the carrying values of the equity component of the 2021 Notes and the 2024 Notes, net of equity issuance costs, were $126.9 million and $149.8 million, respectively.

Maturities

Scheduled maturities with respect to our long-term debt principal balances outstanding as of March 31, 2020 were as follows (in thousands):



Year Ending December 31,	Scheduled Long-Term Debt Maturities
2020 (remainder)	$	25,040
2021	608,387
2022	33,387
2023	517,494
2024	575,000
Total	$	1,759,308