As at December 31, 20161 Drawn Total Facility Cash-pay rate Current all-in rate Maturity
US$ m US$ m LC2 m
2018 Euro Term Loan 264.4 264.4 EUR 250.8 1.71% 8.5% 2018
2019 Euro Term Loan 248.1 248.1 EUR 235.3 1.81% 8.5% 2019
2021 Euro Term Loan 494.2 494.2 EUR 468.8 5.0% 9.0%3 2021
2021 Revolving Credit Facility - 115.04 USD 115.04 6.0% 9.0%5 2021
Lease Obligations 4.3 Var. Var. Var.  Var. Var.
Total debt 1,010.9  
Accrued guarantee and commitment fees44.4 
Total debt and related payables 1,055.3  
Less: Unrestricted cash (43.5)  
Net debt 1,011.8  
Weighted average borrowing cost of gross debt 8.75  

1Debt in currencies other than US$ are translated at FX rates as at December 31, 2016.

2LC: local currency.

3All-in rate ranges from 10.5% down to 7.0% depending on CME's net leverage ratio.

4Facility decreases to $US 50 million from January 1, 2018.

5All-in rate ranges from LIBOR (subject to a floor of 1%) plus 9.0% down to LIBOR (subject to a floor of 1%) plus 6.0%, depending on CME's net leverage ratio