Debt (Tables)

12 Months Ended

Dec. 31, 2016



Long-term debt
$ in millions	Interest Rate	Maturity	December 31, 2016			December 31, 2015
Term loan - rates from: 4.00% - 4.01% (a)		2022	$	445.0		$	—
First Mortgage Bonds	1.875%		—			445.0
Tax-exempt First Mortgage Bonds	4.8%	2036	100.0			100.0
Tax-exempt First Mortgage Bonds - rates from: 1.29% - 1.42% (a) and 1.13% - 1.17% (b)		2020	200.0			200.0
U.S. Government note	4.2%	2061	18.0			18.1
Capital leases			0.4			—
Unamortized deferred financing costs			(10.7		)	(5.0		)
Unamortized debt discounts and premiums, net			(5.5		)	(3.6		)
Total long-term debt at subsidiary			747.2			754.5

Bank term loan - rates from: 2.67% - 3.02% (a) and 2.44% - 2.67% (b)		2020	125.0			125.0
Senior unsecured bonds	6.5%		—			130.0
Senior unsecured bonds	6.75%	2019	200.0			200.0
Senior unsecured bonds	7.25%	2021	780.0			780.0
Note to DPL Capital Trust II (c)	8.125%	2031	15.6			15.6
Unamortized deferred financing costs			(8.8		)	(11.1		)
Unamortized debt discounts and premiums, net			(0.6		)	(0.7		)
Subtotal			1,858.4			1,993.3
Less: current portion			(29.7		)	(572.8		)
Total			$	1,828.7		$	1,420.5


(a)	Range of interest rates for the year ended December 31, 2016.


(b)	Range of interest rates for the year ended December 31, 2015.


(c)	Note payable to related party. See Note 13 – Related Party Transactions for additional information.

At December 31, 2016, maturities of long-term debt are summarized as follows:



Due during the years ending December 31,
$ in millions
2017	$	29.7
2018	29.6
2019	229.6
2020	254.6
2021	784.6
Thereafter	555.5
	1,883.6
Unamortized discounts and premiums, net	(6.1		)
Total long-term debt	$	1,877.5

Long-term debt is as follows:



Long-term debt
$ in millions	Interest Rate	Maturity	December 31, 2016			December 31, 2015
Term loan - rates from: 4.00% - 4.01% (a)		2022	$	445.0		$	—
First Mortgage Bonds	1.875%		—			445.0
Tax-exempt First Mortgage Bonds	4.8%	2036	100.0			100.0
Tax-exempt First Mortgage Bonds - rates from: 1.29% - 1.42% (a) and 1.13% - 1.17% (b)		2020	200.0			200.0
U.S. Government note	4.2%	2061	18.0			18.1
Capital leases			0.4			—
Unamortized deferred financing costs			(11.8		)	(6.2		)
Unamortized debt discount			(2.2		)	(0.2		)
Subtotal			749.4			756.7
Less: current portion			(4.7		)	(443.1		)
Total			$	744.7		$	313.6


(a)	Range of interest rates for the year ended December 31, 2016.


(b)	Range of interest rates for the year ended December 31, 2015

At December 31, 2016, maturities of long-term debt are summarized as follows:



Due during the years ending December 31,
$ in millions
2017	$	4.7
2018	4.6
2019	4.6
2020	204.6
2021	4.5
Thereafter	540.0
	763.0
Unamortized discounts and premiums, net	(2.2		)
Total long-term debt	$	760.8