Debt

Long-term debt consists of:



	September 30, 2012		December 31, 2011
Credit facility debt: ^{(a) (b)}
Term A Facility	$	926,016	$	1,025,065
Term B Facility	576,463		579,781
Senior notes ^(b)	687,169		686,434
	2,189,648		2,291,280
Less: current portion	5,950		5,950
Total	$	2,183,698	$	2,285,330


(a)	The Company’s $500,000 revolving credit facility remains undrawn at September 30, 2012. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.


(b)	The carrying amount of credit facility debt and senior notes is net of unamortized discounts.

In each of March, July and November 2012, the Company voluntarily prepaid $50,000 under the Term A Facility. These voluntary prepayments were applied to the earliest required quarterly installments due, and were in addition to the regularly scheduled quarterly principal payments made under the Term B Facility. As a result of these voluntary prepayments, the next required quarterly installment under the Term A Facility will be due on December 31, 2014 in the amount of $4,250. The Company wrote-off $334 and $646 of deferred financing costs associated with the voluntary prepayments that were made during the three and nine months ended September 30, 2012, respectively.

Pursuant to a registration rights agreement, dated as of June 30, 2011, among AMC Networks, the Subsidiary Guarantors (as defined in the agreement) and the initial purchasers of the $700,000 of AMC Networks 7.75% Senior Notes due July 15, 2021 (the “Notes”), AMC Networks filed a registration statement with the SEC on April 24, 2012 with respect to an offer to exchange the Notes for registered notes (the “Exchange Offer”) with terms identical in all material respects to the Notes except that the registered notes do not contain terms that provide for restrictions on transfer (the “Registered Notes”), which was declared effective by the SEC on June 7, 2012. On July 10, 2012, the Exchange Offer was completed and all of AMC Networks’ original Notes were exchanged for Registered Notes.