Schedule of Senior Notes Payable | The following summarizes our senior notes payable: | | | | | | | | | | | | September 30, | | | 2016 | | 2015 | | | (in thousands) | 4.25% senior notes, due 2016(1) | | $ | — |
| | $ | 250,000 |
| 8.60% senior notes, due 2019(2) | | 300,000 |
| | 300,000 |
| 5.625% senior notes, due 2024(3) | | 250,000 |
| | 250,000 |
| 3.625% senior notes, due 2026(4) | | 500,000 |
| | — |
| 6.90% senior notes, due 2042(5) | | 350,000 |
| | 350,000 |
| 4.95% senior notes, due 2046(6) | | 300,000 |
| | — |
| | | 1,700,000 |
| | 1,150,000 |
| Unaccreted discount | | (1,601 | ) | | (778 | ) | Debt issuance costs | | (17,812 | ) | | (11,652 | ) | Total senior notes payable | | $ | 1,680,587 |
| | $ | 1,137,570 |
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| | (1) | In April 2011, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 4.25% senior notes. The notes matured and were repaid in April 2016. |
| | (2) | In August 2009, we sold in a registered underwritten public offering, $300 million in aggregate principal amount of 8.60% senior notes due August 2019. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date. |
| | (3) | In March 2012, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 5.625% senior notes due April 2024. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date. |
| | (4) | In July 2016, we sold in a registered underwritten public offering, $500 million in aggregate principal amount of 3.625% senior notes due September 2026. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 35 basis points, plus accrued and unpaid interest thereon to the redemption date. |
See the following page for the continuation of the explanations to the footnotes in the above table.
Continuation of the footnote explanations pertaining to the table on the previous page.
| | (5) | In March 2012, we sold in a registered underwritten public offering, $350 million in aggregate principal amount of 6.90% senior notes due March 2042. Interest on these senior notes is payable quarterly in arrears. On or after March 15, 2017, we may redeem some or all of the senior notes at any time at the redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date. |
| | (6) | In July 2016, we sold in a registered underwritten public offering, $300 million in aggregate principal amount of 4.95% senior notes due July 2046. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 45 basis points, plus accrued and unpaid interest thereon to the redemption date. |
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Schedule of Maturities of Senior Notes | Our other borrowings as of September 30, 2016, mature as follows based on their contractual terms: | | | | | | Fiscal year ended September 30, | | (in thousands) | 2017 | | $ | 4,578 |
| 2018 | | 555,113 |
| 2019 | | 5,130 |
| 2020 | | 5,430 |
| 2021 | | 30,748 |
| Thereafter | | 7,659 |
| Total | | $ | 608,658 |
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Our senior notes payable outstanding as of September 30, 2016, mature as follows based on their contractual terms: | | | | | | Fiscal year ended September 30, | | (in thousands) | 2017 | | $ | — |
| 2018 | | — |
| 2019 | | 300,000 |
| 2020 | | — |
| 2021 | | — |
| Thereafter | | 1,400,000 |
| Total | | $ | 1,700,000 |
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