7. Long-term Debt

RBS Loan Facility - refer to Note 11 of the consolidated financial statements included in our 2015 Annual Report on Form 10-K for the year ended March 31, 2015.

2015 Debt Facility — refer to Note 11 of the consolidated financial statements included in our 2015 Annual Report on Form 10-K for the year ended March 31, 2015 for additional information related to the 2015 Debt Facility. During the six months ended September 30, 2015, we made drawdowns under the 2015 Debt Facility of $338.3 million, including $4.8 million of fees, which was secured by the Cougar, Concorde, Cobra, Continental, Constitution, Commodore, Cresques and Constellation and was divided into the four separate tranches. As of September 30, 2015, $338.6 million was available to be drawn under the facility.

Debt Obligations

The table below presents our debt obligations:

RBS Loan Facility	September 30, 2015	March 31, 2015

Tranche A	39,100,000	40,800,000
Tranche B	29,405,500	30,684,000
Tranche C	45,795,000	47,622,500

Total	114,300,500	119,106,500


2015 Debt Facility
Commercial Financing	136,502,693	26,695,381
KEXIM Direct Financing	111,368,423	21,890,212
KEXIM Guaranteed	110,173,250	21,655,293
K-sure Insured	55,943,347	10,996,041

Total	413,987,713	81,236,927

Total debt obligations	528,288,213	200,343,427

Presented as follows:
Current portion of long‑term debt	42,360,541	15,677,553
Long‑term debt—net of current portion	485,927,672	184,665,874

Total	528,288,213	200,343,427