Indebtedness

6 Months Ended

May 05, 2023


6			Indebtedness

The following is a summary of the company's indebtedness:


(Dollars in thousands)	May 5, 2023		April 29, 2022		October 31, 2022
$600 million revolving credit facility, due October 2026	$	50,000	$	200,000	$	—


$270 million term loan, due October 2026	270,000		270,000		270,000
$200 million term loan, due April 2027	200,000		200,000		200,000
3.81% series A senior notes, due June 2029	100,000		100,000		100,000
3.91% series B senior notes, due June 2031	100,000		100,000		100,000
3.97% senior notes, due June 2032	100,000		—		100,000
7.8% debentures, due June 2027	100,000		100,000		100,000
6.625% senior notes, due May 2037	124,133		124,071		124,102
Less: unamortized debt issuance costs	2,971		3,101		3,334
Total long-term debt	1,041,162		1,090,970		990,768
Less: current portion of long-term debt	—		100,000		—
Long-term debt, less current portion	$	1,041,162	$	990,970	$	990,768

As of May 5, 2023, principal payments required on the company's outstanding indebtedness, based on the maturity dates defined within the company's debt arrangements, for the remainder of fiscal 2023 and succeeding fiscal years are as follows:


(Dollars in thousands)	May 5, 2023
2023 (remaining)	$	—
2024	—
2025	37,000
2026	313,000
2027	270,000
2028	—
Thereafter	425,000
Total principal payments required	$	1,045,000

Covenants

The company is in compliance with all covenants under the company’s outstanding indebtedness as of May 5, 2023.