| Outstanding amounts of secured and unsecured term debt financings |
The outstanding amounts of our secured and unsecured term debt financings were as follows: | | | | | | | | | | | | | | At December 31, 2011 | | At June 30, 2012 | Debt Obligation | Outstanding Borrowings | | Outstanding Borrowings | | Interest Rate(1) | | Final Stated Maturity(2) | Secured Debt Financings: | | | | | | | | Securitization No. 1 | $ | 387,124 |
| | $ | 361,278 |
| | 0.51% | | 06/20/31 | Securitization No. 2 | 891,452 |
| | 850,532 |
| | 0.55% | | 06/14/37 | Term Financing No. 1 | 595,076 |
| | — |
| | —% | | N/A | ECA Term Financings | 536,107 |
| | 593,216 |
| | 2.65% to 3.96% | | 12/03/21 to 04/03/24 | Bank Financings | 126,000 |
| | 119,409 |
| | 4.22% to 4.57% | | 09/15/15 to 10/26/17 | Total secured debt financings | 2,535,759 |
| | 1,924,435 |
| | | | | | | | | | | | | Unsecured Debt Financings: | | | | | | | | Senior Notes due 2017 | — |
| | 500,000 |
| | 6.75% | | 04/15/17 | Senior Notes due 2018 | 450,757 |
| | 450,700 |
| | 9.75% | | 08/01/18 | Senior Notes due 2020 | — |
| | 300,000 |
| | 7.625% | | 04/15/20 | 2010 Revolving Credit Facility | — |
| | — |
| | N/A | | 09/28/13 | Total unsecured debt financings | 450,757 |
| | 1,250,700 |
| | | | | | | | | | | | | Total secured and unsecured debt financings | $ | 2,986,516 |
| | $ | 3,175,135 |
| | | | |
| | (1) | Reflects floating rate in effect at the applicable reset date plus the margin except for the ECA Term Financings, Bank Financings and the Senior Notes due 2017, 2018 and 2020, which are fixed rate. |
| | (2) | For Securitization No. 1 and Securitization No. 2, all cash flows available after expenses and interest is applied to debt amortization. |
|
| Securitizations and term debt financing structures including liquidity facility commitments |
The following securitizations include liquidity facility commitments described in the table below: | | | | | | | | | | | | | | | | | | Available Liquidity | | | | | Facility | Liquidity Facility Provider | | December 31,
2011 | | June 30,
2012 | | Unused Fee | | Interest Rate on any Advances | Securitization No. 1 | Crédit Agricole Corporate and Investment Bank | | $ | 42,000 |
| | $ | 42,000 |
| | 0.45% | | 1M Libor + 1.00 | Securitization No. 2 | HSH Nordbank AG | | 66,859 |
| | 65,000 |
| | 0.50% | | 1M Libor + 0.75 |
|