Debt

The following table summarizes our long-term debt obligations, net of current maturities:



($ in millions)	March 31, 2013		December 31, 2012
Euro note A, due 2013	$	—	$	26.9
Term loan, due 2014	0.2		0.2
Series B floating rate notes, due 2015	25.0		25.0
Euro note B, due 2016	78.2		80.8
Capital leases, due through 2016	0.6		0.7
Revolving credit facility, due 2017	113.8		71.5
Term loan, due 2018	42.5		35.3
Note payable, due 2019	0.4		—
Series A notes, due 2022	42.0		42.0
Series B notes, due 2024	53.0		53.0
Series C notes, due 2027	73.0		73.0
Convertible debt, due 2047	1.4		3.1
	430.1		411.5
Less: current portion of long-term debt	1.7		32.7
	$	428.4	$	378.8

Please refer to Note 11, Debt, to the consolidated financial statements in our 2012 Annual Report for additional details regarding our debt agreements.

During the first quarter of 2013, we used a portion of our multi-currency revolving credit facility to repay our Euro note A that matured on February 27, 2013. At March 31, 2013, we had $113.8 million in outstanding borrowings under this facility, of which $5.3 million was denominated in Yen, $26.9 million in Euros and the remainder in USD. Of the total amount outstanding, $1.6 million was classified as short-term based upon our intent to repay this portion within the next twelve months and $112.2 million was classified as long-term based upon our intent and ability to continue the loans beyond one year.

In February 2013, upon settlement of our new corporate office and research building, we borrowed $42.8 million under a $50.0 million revolving credit facility, which was immediately converted to a five-year term loan due January 2018. Borrowings under this loan bear interest at a variable rate equal to one-month LIBOR plus a margin of 1.50 percentage points. A portion of this loan was used to pay the $35.3 million in outstanding obligations at December 31, 2012 related to the construction and acquisition of this new building.

In addition, in February 2013, we repurchased $1.7 million in aggregate principal amount of our 4.00% Convertible Junior Subordinated Debentures due 2047 (the “Convertible Debentures”). As a result, we recognized a pre-tax loss on debt extinguishment of $0.2 million during the three months ended March 31, 2013, the majority of which represented the premium paid over par value. Following the repurchase, approximately $1.4 million principal amount of Convertible Debentures remained outstanding.