Long-term debt	9 Months Ended
Sep. 30, 2023
Long-term debt
Long-term debt	Note 8 – Long-term debt: During the first nine months of 2023, our wholly-owned subsidiary, NLKW Holding, LLC had no borrowings or repayments under its $50 million secured revolving credit facility with Valhi. At September 30, 2023, $.5 million was outstanding and $49.5 million was available for future borrowing under this facility. Outstanding borrowings bear interest at the prime rate plus 1.875% per annum, and the average interest rate for the nine months ended September 30, 2023 was 9.97%. The interest rate under this facility as of September 30, 2023 was 10.38%. We are in compliance with all covenants at September 30, 2023.

Long-term debt

9 Months Ended

Sep. 30, 2023

Note 8 – Long-term debt:

During the first nine months of 2023, our wholly-owned subsidiary, NLKW Holding, LLC had no borrowings or repayments under its $50 million secured revolving credit facility with Valhi. At September 30, 2023, $.5 million was outstanding and $49.5 million was available for future borrowing under this facility. Outstanding borrowings bear interest at the prime rate plus 1.875% per annum, and the average interest rate for the nine months ended September 30, 2023 was 9.97%. The interest rate under this facility as of September 30, 2023 was 10.38%. We are in compliance with all covenants at September 30, 2023.