9.	Long-Term Debt

Long-term debt includes the following:


	June 30, 2014		June 30, 2013			December 31, 2013
	(In thousands)
Medium-term notes	$	—	$	50,000		$	—
2010 Senior Notes due October 2020 and October 2040		500,000		500,000			500,000
2011 Senior Notes due November 2016 and November 2041		600,000		600,000			600,000
2013 Senior Notes due March 2018 and March 2023		500,000		500,000			500,000
2014 Senior Notes due May 2019		500,000		—			—

		2,100,000		1,650,000			1,600,000
Less: current portion		—		(50,000	)		—

Total long-term debt	$	2,100,000	$	1,600,000		$	1,600,000

In May 2014, Mattel issued $500.0 million aggregate principal amount of 2.35% senior unsecured notes due May 6, 2019 (“2014 Senior Notes”). Interest on the 2014 Senior Notes is payable semi-annually on May 6 and November 6 of each year, beginning November 6, 2014. Mattel may redeem all or part of the 2014 Senior Notes at any time or from time to time at its option, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest to but excluding the redemption date, and (ii) a “make-whole” amount based on the yield of a comparable US Treasury security plus 12.5 basis points.

During the second quarter of 2014, Mattel repaid $44.6 million of long-term borrowings assumed through the acquisition of MEGA Brands.

During the fourth quarter of 2013, Mattel repaid $50.0 million of its Medium-term notes in connection with their scheduled maturities.