Borrowings (Tables)

9 Months Ended

Sep. 27, 2020

Our borrowings at September 27, 2020 and December 31, 2019 were as follows:


	September 27, 2020		December 31, 2019
	(Dollars in thousands)
Senior Credit Facility:
Revolving credit facility, at a rate of 1.65% at September 27, 2020, due 2024	$	—	$	300,000
Term loan facility, at a rate of 1.65% at September 27, 2020, due 2024	673,000		673,000

4.875% Senior Notes due 2026	400,000		400,000
4.625% Senior Notes due 2027	500,000		500,000
4.25% Senior Notes due 2028	500,000		—
Securitization program, at a rate of 1.25% at September 27, 2020	75,000		50,000
	2,148,000		1,923,000
Less: Unamortized debt issuance costs	(20,427)		(14,057)
	2,127,573		1,908,943
Current borrowings	(91,750)		(50,000)

Long-term borrowings	$	2,035,823	$	1,858,943

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details