LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2013

Long-Term Debt

Long-term debt included on the condensed consolidated balance sheets consisted of:

(in thousands of U.S. dollars)	June 30, 2013		December 31, 2012
Senior Secured Revolving Credit Facility	$	35,000	$	50,000
Senior Secured Term Loan A	270,000		277,500
Senior Secured Convertible Notes due 2033, net of discount	4		61
6 5/8% Senior Notes due 2021	260,000		260,000
Total debt	565,004		587,561
Current portion long-term debt	30,000		22,500
Long-term debt	$	535,004	$	565,061

Required and Actual Financial Ratios Under Senior Secured Credit Facility

The following table shows the required and actual financial ratios under our Senior Secured Credit Facility as of June 30, 2013:

	Required Ratio	Actual Ratio
Maximum consolidated leverage ratio	No greater than 3.50:1.00	1.98:1.00
Minimum consolidated interest coverage ratio	No less than 3.00:1.00	10.46:1.00

Redemption Prices (Expressed as Percentages of the Principal Amount Thereof)

At any time on or after February 1, 2016, we may redeem all or a portion of the 2021 Notes at our option at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the twelve-month period commencing on February 1 of the years set forth below:

Year	Percentage
2016	103.313%
2017	102.208%
2018	101.104%
2019 and thereafter	100.000%