Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt is summarized as follows:

	December 31
In thousands		2017			2016
Revolving credit facility, due Mar. 2020	$	171,200		$	61,595
5.375% Notes, due Oct. 2020		250,000			250,000
2.40% Term Loan, due Jun. 2022		7,710			8,282
2.05% Term Loan, due Mar. 2023		33,607			35,163
1.30% Term Loan, due Jun. 2023		9,423			9,788
1.55% Term Loan, due Sep. 2025		11,390			10,333
Total long-term debt		483,330			375,161
Less current portion		(11,298	)		(8,961	)
Unamortized deferred issuance costs		(1,934	)		(2,553	)
Long-term debt, net of current portion	$	470,098		$	363,647

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
Apr. 26, 2016		10,000		1.30	%	Jun. 2023
May 4, 2016		7,195		1.55	%	Sep. 2025

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
2018	$	11,298
2019		11,297
2020		432,497
2021		11,297
2022		10,441
Thereafter		6,500