Debt (Tables)

12 Months Ended

Dec. 31, 2012

Cleco

Cleco’s total indebtedness as of December 31, 2012 and 2011 was as follows.



	AT DEC. 31,
(THOUSANDS)	2012			2011
Bonds
Cleco Power’s senior notes, 5.375%, due 2013	$	75,000		$	75,000
Cleco Power’s senior notes, 4.95%, due 2015	50,000			50,000
Cleco Power’s senior notes, 6.65%, due 2018	250,000			250,000
Cleco Power’s senior notes, 4.33%, due 2027	50,000			—
Cleco Power’s senior notes, 6.50%, due 2035	295,000			295,000
Cleco Power’s senior notes, 5.942%, due 2040	250,000			250,000
Cleco Power’s senior notes, 5.988%, due 2041	100,000			100,000
Cleco Power’s pollution control revenue bonds, 5.875%, due 2029, callable after September 1, 2009	—			61,260
Cleco Power’s solid waste disposal facility bonds, 4.70%, due 2036, callable after November 1, 2016	60,000			60,000
Cleco Power’s solid waste disposal facility bonds, 5.25%, due 2037, mandatory tender on March 1, 2013	60,000			60,000
Cleco Katrina/Rita’s storm recovery bonds, 4.41%, due 2020	62,598			75,707
Cleco Katrina/Rita’s storm recovery bonds, 5.61%, due 2023	67,600			67,600
Total bonds	1,320,198			1,344,567
Other long-term debt
Cleco Corporation’s credit facility draws	25,000			10,000
Barge lease obligations, ending December 31, 2017	11,350			17,538
Gross amount of long-term debt	1,356,548			1,372,105
Less: long-term debt due within one year	88,969			24,258
Less: lease obligations classified as long-term debt due within one year	2,171			1,841
Unamortized premium and discount, net	(8,150		)	(8,950		)
Total long-term debt, net	$	1,257,258		$	1,337,056

The amounts payable under long-term debt agreements for each year through 2017 and thereafter are as follows.



(THOUSANDS)
Amounts payable under long-term debt agreements
2013	$	88,969
2014	$	14,876
2015	$	90,824
2016	$	16,814
2017	$	17,896
Thereafter	$	1,115,819

The amounts payable under the capital lease agreements for each year through 2017 and thereafter are as follows.



(THOUSANDS)
Amounts payable under capital lease agreements
2013	$	2,171
2014	$	2,305
2015	$	2,448
2016	$	2,607
2017	$	1,819

Cleco Power [Member]

Cleco Power

Cleco Power’s total indebtedness as of December 31, 2012 and 2011, was as follows.



	AT DEC. 31,
(THOUSANDS)	2012			2011
Bonds
Senior notes, 5.375%, due 2013	$	75,000		$	75,000
Senior notes, 4.95%, due 2015	50,000			50,000
Senior notes, 6.65%, due 2018	250,000			250,000
Senior notes, 4.33%, due 2027	50,000			—
Senior notes, 6.50%, due 2035	295,000			295,000
Senior notes, 5.942%, due 2040	250,000			250,000
Senior notes, 5.988%, due 2041	100,000			100,000
Pollution control revenue bonds, 5.875%, due 2029, callable after September 1, 2009	—			61,260
Solid waste disposal facility bonds, 4.70%, due 2036, callable after November 1, 2016	60,000			60,000
Solid waste disposal facility bonds, 5.25%, due 2037, mandatory tender on March 1, 2013	60,000			60,000
Cleco Katrina/Rita’s storm recovery bonds, 4.41%, due 2020	62,598			75,707
Cleco Katrina/Rita’s storm recovery bonds, 5.61%, due 2023	67,600			67,600
Total bonds	1,320,198			1,344,567
Other long-term debt
Barge lease obligations, ending December 31, 2017	11,350			17,538
Gross amount of long-term debt	1,331,548			1,362,105
Less: long-term debt due within one year	88,969			24,258
Less: lease obligations classified as long-term debt due within one year	2,171			1,841
Unamortized premium and discount, net	(8,150		)	(8,950		)
Total long-term debt, net	$	1,232,258		$	1,327,056

The amounts payable under long-term debt agreements for each year through 2017 and thereafter are as follows.



(THOUSANDS)
Amounts payable under long-term debt agreements
2013	$	88,969
2014	$	14,876
2015	$	65,824
2016	$	16,814
2017	$	17,896
Thereafter	$	1,115,819

The amounts payable under the capital lease agreements for each year through 2017 and thereafter are as follows.



(THOUSANDS)
Amounts payable under capital lease agreements
2013	$	2,171
2014	$	2,305
2015	$	2,448
2016	$	2,607
2017	$	1,819