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Long-Term Obligations (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt obligations consisted of the following:
 
December 31,
2014
 
December 31,
2013
Senior Secured Notes (9.5%)
$
375,000

 
$
375,000

Senior Unsecured Loan Facility (12.25%)
124,233

 
123,640

ABL Credit Facility
35,619

 
36,756

Dutch Revolving Credit Facility
3,532

 

French Credit Facility
1,131

 

Total debt
539,515

 
535,396

Less: current portion
4,663

 

Total long term debt
$
534,852

 
$
535,396

Schedule of Redemption Rates on Senior Secured Notes
The Notes may be redeemed at the option of Euramax International, in whole or in part, under the conditions specified in the Indenture at the following redemption prices, plus accrued and unpaid interest to the redemption date if redeemed during the twelve-month period beginning on April 1 of the years indicated:
Year
Percentage
2013
107.125
%
2014
104.750
%
2015 and thereafter
100.000
%
Prepayment Rates on Senior Unsecured Loan Facility
Euramax International may prepay outstanding amounts under the Senior Unsecured Loan Facility, in whole or in part, at the prices (expressed as percentages of the loans) set forth below:
Prepayment Date
Percentage
On or after the second anniversary of the closing but prior to the third anniversary thereof
103
%
On or after the third anniversary of the closing but prior to the fourth anniversary thereof
102
%
On or after the fourth anniversary of the closing
100
%