2020 £m	2019 £m
Borrowings due within one year
Lease Liabilities	0.2	–
Borrowings due after more than one year
Aggregate bank loan and lease liabilities instalments repayable:
– between one and two years	0.2	–
– between two and five years	41.5	117.2
– over five years	127.6	–
Arrangement fees netted off	(2.7)	(2.7)
	166.6	114.5
Total borrowings	166.8	114.5

On 1 October 2019 the Accordion facility on the Revolving Credit Facility of £235.0 million was invoked, removing the Accordion facility and increasing the committed facilities on the Revolving Credit Facility to £340.0 million. At 30 June 2020, £41.3 million was drawn against the £340.0 million Revolving Credit Facility maturing 25 July 2024 in the Company. Interest is charged on this facility at a minimum of 1.30% over LIBOR and a maximum of 2.20% over LIBOR, dependent upon the Leverage (the ratio of Total Net Debt to Adjusted EBITDA) of the Group. As at 30 June 2020, interest being charged on this facility is 1.70% above LIBOR.

In January 2020 the Company undertook a Private Placement raising EUR50.0 million and USD100.0 million (under seven and ten year new senior secured notes respectively). At 30 June 2020, £127.1 million was drawn under the Private Placement in the Company. The Private Placement amounts are not secured on any specific assets of the Group, but are supported by a joint and several guarantee structure. Interest is charged on the EUR50.0 million amount at a fixed rate of 1.19% until maturity (January 2027). Interest is charged on the USD100.0 million amount at a fixed rate of 3.34% until maturity (January 2030).

The drawings on the Private Placement, together with a restructuring of the drawings on the Revolving Credit Facility, enabled the £350.0 million Term Loan Facility, due to mature in December 2020, to be fully repaid and cancelled in January 2020.

Arrangement fees of £1.7 million were incurred on the two facilities during the year, these being released to the income statement over the life of the facility.

No interest has been capitalised during the year (2019: £nil).

The Company guarantees certain borrowings of other Group companies under the above facilities, which at 30 June 2020 amounted to £174.3 million (2019: £193.6 million).