| | | | | | | | | | | | | | | September 30, 2021 | | | | December 31, 2020 | | (In millions) | Term loan, bearing interest at variable rates (rate of 1.83% as of September 30, 2021), maturing in September 2023 | $ | 288.8 | | | | | $ | 308.5 | | | | | | | | Unamortized deferred financing costs | (0.9) | | | | | (1.4) | | Total senior debt | 287.9 | | | | | 307.1 | | Convertible senior notes, bearing interest at 2.25% per annum, interest payments due in June and December, maturing in December 2023 | 145.9 | | | | | 300.0 | | Unamortized discount and deferred financing costs | (10.5) | | | | | (28.4) | | Total convertible senior notes | 135.4 | | | | | 271.6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Finance leases | 43.9 | | | | | 45.6 | | | | | | | | Total other debt | 43.9 | | | | | 45.6 | | Total debt, net of unamortized discount and deferred financing costs | 467.2 | | | | | 624.3 | | Less: Amounts due within one year | (163.6) | | | | | (299.9) | | Total long-term debt, net of unamortized discount and deferred financing costs | $ | 303.6 | | | | | $ | 324.4 | |
The following table summarizes information regarding the 2¼% Notes (in millions, except years, percentages, conversion rate, and conversion price): | | | | | | | | | | | | | September 30, 2021 | | December 31, 2020 | | | | | | | | | | | | | Carrying amount of equity component, net of equity issuance costs | $ | — | | | $ | 54.5 | | Remaining amortization period (years) | 2.25 | | 3.0 | Effective interest rate | 5.8 | % | | 5.8 | % | Conversion rate (shares of common stock per $1,000 principal amount) | 38.4615 | | 38.4615 | Conversion price (per share of common stock) | $ | 26.00 | | | $ | 26.00 | |
The following table presents the interest expense components for the 2¼% Notes: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2021 | | 2020 | | 2021 | | 2020 | | (In millions) | Interest expense-contractual interest | $ | 0.8 | | | $ | 1.7 | | | $ | 2.4 | | | $ | 5.1 | | Interest expense-amortization of debt discount | 1.0 | | | 2.0 | | | 3.2 | | | 5.9 | | Interest expense-amortization of deferred financing costs | 0.1 | | | 0.2 | | | 0.3 | | | 0.5 | |
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