9. Long-term Debt

Principal maturities of long-term debt (excluding projected securitization repayments by period) by type of debt at March 31, 2013 were as follows:

																Junior
				Medium			Euro			Secured						Subordinated
	Retail			Term			Denominated			Term						Debt
(dollars in thousands)	Notes			Notes			Note (a)			Loan (b) (c)			Securitizations			(Hybrid Debt)			Total

Interest rates (d)	4.95%-7.50		%	5.40%-6.90		%	4.13		%	5.50		%	1.57%-6.00		%	6.00		%

Second quarter 2013	$	69,983		$	469,020		$	-		$	-		$	-		$	-		$	539,003
Third quarter 2013	36,441			-			-			-			-			-			36,441
Fourth quarter 2013	2,903			-			416,637			-			-			-			419,540
First quarter 2014	1,115			-			-			-			-			-			1,115
Remainder of 2014	356,861			-			-			-			-			-			356,861
2015	47,679			750,000			-			-			-			-			797,679
2016	-			375,000			-			-			-			-			375,000
2017	-			3,300,000			-			3,750,000			-			-			7,050,000
2018-2067	-			-			-			-			-			350,000			350,000
Securitizations (e)	-			-			-			-			3,371,344			-			3,371,344
Total principal maturities	$	514,982		$	4,894,020		$	416,637		$	3,750,000		$	3,371,344		$	350,000		$	13,296,983

Total carrying amount	$	480,516		$	4,197,649		$	394,575		$	3,764,468		$	3,378,274		$	171,552		$	12,387,034

(a) Euro denominated note includes a €323.4 million note, shown here at the U.S. dollar equivalent at time of issuance.

(b) Our secured term loan is issued by wholly-owned Company subsidiaries and guaranteed by SLFC and the Subsidiary Guarantors.

(c) On April 11, 2013, Springleaf Financial Funding Company made a mandatory prepayment, without penalty or premium, of $714.9 million of outstanding principal (plus accrued interest) on the secured term loan. Immediately following the prepayment, the outstanding principal amount of the secured term loan was $3.035 billion. See Note 19 for further information on this prepayment.

(d) The interest rates shown are the range of contractual rates in effect at March 31, 2013, which exclude the effect of the associated derivative instrument used in hedge accounting relationships, if applicable.

(e) Securitizations are not included in above maturities by period due to their variable monthly repayments.

Springleaf Financial Funding Company, a subsidiary of SLFC, is the borrower of the secured term loan that is guaranteed by SLFC and by the Subsidiary Guarantors. In addition, other SLFC operating subsidiaries that from time to time meet certain criteria will be required to become Subsidiary Guarantors. The secured term loan is secured by a first priority pledge of the stock of Springleaf Financial Funding Company that was limited at the transaction date, in accordance with existing SLFC debt agreements, to $167.9 million.

Springleaf Financial Funding Company used the proceeds from the secured term loan to make intercompany loans to the Subsidiary Guarantors. The intercompany loans are secured by a first priority security interest in eligible loan receivables, according to pre-determined eligibility requirements and in accordance with a borrowing base formula. The Subsidiary Guarantors used proceeds of the loans to pay down their intercompany loans from SLFC. SLFC used the payments from Subsidiary Guarantors to, among other things, repay debt and fund operations.

In connection with our liability management efforts, we or our affiliates from time to time have purchased, and may in the future purchase, portions of our outstanding indebtedness. Any such purchases may be made through open market or privately negotiated transactions with third parties or pursuant to one or more tender or exchange offers or otherwise, upon such terms and at such prices, as well as with such consideration as we or any such affiliates may determine. Our plans are dynamic and we may adjust our plans in response to changes in our expectations and changes in market conditions.