Cintas' debt is summarized as follows at May 31:



(In thousands)	Interest Rate			Fiscal Year Issued	Fiscal Year Maturity	2018			2017

Debt due within one year
Senior notes	6.13	%		2008	2018	$	—		$	300,000
Commercial paper	1.24	%	⁽¹⁾	Various	Various	—			50,500
Current portion of term loan	2.00	%	⁽¹⁾	2017	2018	—			12,500
Debt issuance costs						—			(100		)
Total debt due within one year						$	—		$	362,900

Debt due after one year
Senior notes	4.30	%		2012	2022	$	250,000		$	250,000
Senior notes	2.90	%		2017	2022	650,000			650,000
Senior notes	3.25	%		2013	2023	300,000			300,000
Senior notes ⁽²⁾	2.78	%		2013	2023	52,119			52,554
Senior notes ⁽³⁾	3.11	%		2015	2025	52,309			52,645
Senior notes	3.70	%		2017	2027	1,000,000			1,000,000
Senior notes	6.15	%		2007	2037	250,000			250,000
Long-term portion of term loan	2.00	%	⁽¹⁾	2017	2022	—			237,500
Debt issuance costs						(19,119		)	(22,075		)
Total debt due after one year						$	2,535,309		$	2,770,624

⁽¹⁾ Variable rate debt instrument. The rate presented is the variable borrowing rate at May 31, 2017.

⁽²⁾ Cintas assumed these senior notes with the acquisition of G&K, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.73%.

⁽³⁾Cintas assumed these senior notes with the acquisition of G&K, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.88%.