Our Asia subsidiaries maintain credit facilities with several financial institutions through our foreign entities worldwide totaling $134.5 million. Other than two Taiwanese credit facilities that are collateralized by assets, our foreign credit lines are unsecured, uncommitted and contain no restrictive covenants. These credit facilities bear interest at LIBOR or similar indices plus a specified margin. Interest payments are due monthly on outstanding amounts under the credit lines. The unused and available credit under the various facilities as of March 31, 2023, was approximately $99.4 million, net of $34.7 million advanced under our foreign credit lines and $0.4 million credit used for import and export guarantee.

The Company maintains a long-term credit facility (“U.S. Credit Agreement”) consisting of a term loan with no current balance and a $200.0 million revolving senior credit facility with nothing drawn as of March 31, 2023. Borrowings outstanding as of March 31, 2023 and December 31, 2022, are set forth in the table below:


	March 31,			December 31,				Current Amount
Description	2023			2022			Interest Rate	Maturity
Short-term debt	$	34,651		$	36,280		Various indices plus margin	Various during 2023

Long-term debt
Notes payable to Bank of Taiwan		2,037			2,063		2-yr deposit rate floating plus 0.1148%	June-2033
Notes payable to CTBC Bank		13,788			13,840		TAIBOR 3M plus 0.5%	May-2024
Notes payable to CTBC Bank		3,287			3,256		TAIBOR 3M plus 0.5%	December-2024
Notes payable to E Sun Bank		3,287			3,256		1-M deposit rate floating plus 0.08%	December-2024
Notes payable to E Sun Bank		264			276		1-M deposit rate floating plus 0.08%	June-2027
Notes payable to E Sun Bank		1,483			1,516		1-M deposit rate floating plus 0.08%	June-2030
Notes payable to Bank of Taiwan		1,644			1,628		2-yr deposit rate floating plus 0.082%	September-2024
Notes payable to HSBC		66,000			105,000		1M SOFR+Margin	January-2025
Notes payable to HSBC		-			18,558		1M Libor+Margin	January-2025
Notes Payable to E Sun Bank		-			166		2-yr deposit rate plus annual rate floating	"September 2023
Notes Payable to Taishin International Bank		-			43		Annual rate plus cost of capital	April-2023
Notes Payable to Taishin International Bank		-			11		Fixed annual rate	April-2023
Notes Payable to Taishin International Bank		-			217		Fixed annual rate	April-2024
Notes payable to Chang Hwa Bank		-			518		2-yr deposit rate floating plus 1.405% - 1.655%	June-July 2026
Total long-term debt		91,790			150,348
Less: Current portion of long-term debt		(1,173	)		(1,693	)
Less: Unamortized debt costs		(981	)		(1,185	)
Total long-term debt, net of current portion	$	89,636		$	147,470