the number of shares issued will be determined as the par value of the debentures divided by the average trading stock price over the preceding five-day period .at december 31 , 2008 , the unamortized adjustment to fair value for these debentures was $ 28.7 million , which is being amortized through april 15 , 2011 , the first date that the holders can require us to redeem the debentures .tax-exempt financings as of december 31 , 2008 and 2007 , we had $ 1.3 billion and $ .7 billion of fixed and variable rate tax-exempt financings outstanding , respectively , with maturities ranging from 2010 to 2037 .during 2008 , we issued $ 207.4 million of tax-exempt bonds .in addition , we acquired $ 527.0 million of tax-exempt bonds and other tax-exempt financings as part of our acquisition of allied in december 2008 .at december 31 , 2008 , the total of the unamortized adjustments to fair value for these financings was $ 52.9 million , which is being amortized to interest expense over the remaining terms of the debt .approximately two-thirds of our tax-exempt financings are remarketed weekly or daily , by a remarketing agent to effectively maintain a variable yield .these variable rate tax-exempt financings are credit enhanced with letters of credit having terms in excess of one year issued by banks with credit ratings of aa or better .the holders of the bonds can put them back to the remarketing agent at the end of each interest period .to date , the remarketing agents have been able to remarket our variable rate unsecured tax-exempt bonds .as of december 31 , 2008 , we had $ 281.9 million of restricted cash , of which $ 133.5 million was proceeds from the issuance of tax-exempt bonds and other tax-exempt financings and will be used to fund capital expenditures under the terms of the agreements .restricted cash also includes amounts held in trust as a financial guarantee of our performance .other debt other debt primarily includes capital lease liabilities of $ 139.5 million and $ 35.4 million as of december 31 , 2008 and 2007 , respectively , with maturities ranging from 2009 to 2042 .future maturities of debt aggregate maturities of notes payable , capital leases and other long-term debt as of december 31 , 2008 , excluding non-cash discounts , premiums , adjustments to fair market value of related to hedging transactions and adjustments to fair market value recorded in purchase accounting totaling $ 821.9 million , are as follows ( in millions ) : years ending december 31 , 2009 ( 1 ) .......................................................................$ 507.4 .
[['2009 ( 1 )', '$ 507.4'], ['2010', '387.5'], ['2011', '1138.1'], ['2012', '38.4'], ['2013', '1139.2'], ['thereafter', '5313.8'], ['total', '$ 8524.4']]
( 1 ) includes the receivables secured loan , which is a 364-day liquidity facility with a maturity date of may 29 , 2009 and has a balance of $ 400.0 million at december 31 , 2008 .although we intend to renew the liquidity facility prior to its maturity date , the outstanding balance is classified as a current liability because it has a contractual maturity of less than one year .republic services , inc .and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 119000000 ***%%pcmsg|117 |00024|yes|no|02/28/2009 17:21|0|0|page is valid , no graphics -- color : d| .

Question: \\nas of december 31 , 2008 , what was the percent of the proceeds form the issuance of the tax exempt and other tax exempt financing as part of the restricted cash\\n
Answer: 47.3%
Explanation: the percent is the difference divide by the total amount of the restricted cash