XBRL Cloud: Business Report

Rendering

Component: (Network and Table)
Network	100480 - Disclosure - Long-Term Debt (Tables) (http://www.glatfelter.com/20161231/taxonomy/role/DisclosureLongTermDebtTables)
Table	(Implied)

Slicers (applies to each fact value in each table cell)

Reporting Entity [Axis]

0000041719 (http://www.sec.gov/CIK)

Debt Disclosure [Abstract]

Period [Axis]

2016-01-01 - 2016-12-31

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt is summarized as follows:

	December 31
In thousands		2016			2015
Revolving credit facility, due Mar. 2020	$	61,595		$	58,792
5.375% Notes, due Oct. 2020		250,000			250,000
2.40% Term Loan, due Jun. 2022		8,282			10,109
2.05% Term Loan, due Mar. 2023		35,163			42,130
1.30% Term Loan, due Jun. 2023		9,788			-
1.55% Term Loan, due Sep. 2025		10,333			2,839
Total long-term debt		375,161			363,870
Less current portion		(8,961	)		(7,366	)
Unamortized deferred issuance costs		(2,553	)		(3,208	)
Long-term debt, net of current portion	$	363,647		$	353,296

Summary of Debts Borrowed by Subsidiary

Glatfelter Gernsbach GmbH & Co. KG (“Gernsbach”), a wholly-owned subsidiary of ours, entered into a series of borrowing agreements with IKB Deutsche Industriebank AG, Düsseldorf (“IKB”) as summarized below:

Amounts in thousands	Original Principal		Interest Rate			Maturity
Borrowing date
Apr. 11, 2013	€	42,700		2.05	%	Mar. 2023
Sep. 4, 2014		10,000		2.40	%	Jun. 2022
Oct. 10, 2015		2,608		1.55	%	Sep. 2025
May 4, 2016		7,195		1.55	%	Sep. 2025
Apr. 26, 2016		10,000		1.30	%	Jun. 2023

Amortization of Term Loan Agreements Together with Maturities of Other Long-term Debt

The following schedule sets forth the amortization of our term loan agreements together with the maturity of our other long-term debt during the indicated year.

In thousands
2017	$	8,961
2018		9,930
2019		9,930
2020		321,525
2021		9,930
Thereafter		14,885