June 30, 2014, $2,444,000,000 (including current portion of $454,000,000) comprised of:
-- 01 -- $450,000,000 5.125% senior notes, due 2014.
-- 02 -- $691,000,000 6.375% senior notes, due 2019.
-- 03 -- $298,000,000 3.3% senior notes, due 2023.
-- 04 -- $298,000,000 1.450% senior notes, due 2017.
-- 05 -- $397,000,000 3.875% senior notes, due 2024.
-- 06 -- $295,000,000 4.875% senior notes, due 2044.
-- 07 -- $10,000,000 Euro denominated debt, with an average interest rate of 3.52% at June 30, 2014, due through 2020.
-- 08 -- $5,000,000 other obligations, with an average interest rate of 8.07% at June 30, 2014, due through 2017.
Line of Credit: Effective Feb. 13, 2014, Co. amended and restated its $750,000,000 five year senior unsecured revolving credit facility. This modification, among other things (i) extends the maturity date of the credit facility from July 6, 2016 to Feb. 13, 2019; (ii) includes lower applicable interest rates; (iii) subject to certain conditions, provides CareFusion the option to increase the commitments under the credit facility by up to $250,000,000, to the extent that existing or new lenders agree to provide such additional commitments; (iv) includes a $25,000,000 letter of credit sub-facility; and (v) provides additional flexibility for borrowings in currencies other than U.S. dollars. The other material terms of the credit facility, including covenants, remain unchanged.
Borrowings under the amended and restated credit facility bear interest at a rate per annum based upon the British Bankers Association LIBOR Rate, Federal Funds Rate, or prime rate, plus an applicable margin, which varies based upon Co.'s debt ratings. The amended and restated credit facility also requires Co. to pay a quarterly commitment fee to the lenders under the credit facility on the amount of the lender's unused commitments thereunder based upon Co.'s debt ratings.
The amended and restated credit facility contains several customary covenants including, but not limited to, limitations on liens, subsidiary indebtedness, dispositions, and transactions with affiliates. In addition, the amended and restated credit facility contains financial covenants requiring Co. to maintain a consolidated leverage ratio of no more than 3.50:1.00 as of the end of any period of the most recent four fiscal quarters, and a consolidated interest coverage ratio of at least 3.50:1.00 as of the end of any period of the most recent four fiscal quarters. The amended and restated credit facility is subject to customary events of default, including, but not limited to, non-payment of principal or other amounts when due, breach of covenants, inaccuracy of representations and warranties, cross-default to other material indebtedness, certain ERISA-related events, certain voluntary and involuntary bankruptcy events, and change of control.
Co. was in compliance with all of the amended and restated revolving credit facility covenants at June 30, 2014.
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