Indebtedness

9 Months Ended

Jul. 30, 2021


6			Indebtedness

The following is a summary of the company's indebtedness:


(Dollars in thousands)	July 30, 2021		July 31, 2020		October 31, 2020
$600 million revolving credit facility, due June 2023	$	—	$	—	$	—
$200 million term loan, due April 2022	100,000		100,000		100,000
$300 million term loan, due April 2024	170,000		180,000		180,000
$190 million term loan, due June 2023	—		190,000		90,000
3.81% series A senior notes, due June 2029	100,000		100,000		100,000
3.91% series B senior notes, due June 2031	100,000		100,000		100,000
7.8% debentures, due June 2027	100,000		100,000		100,000
6.625% senior notes, due May 2037	124,024		123,962		123,978
Less: unamortized discounts, debt issuance costs, and deferred charges	2,462		3,057		2,855
Total long-term debt	691,562		890,905		791,123
Less: current portion of long-term debt	104,217		108,869		99,873
Long-term debt, less current portion	$	587,345	$	782,036	$	691,250

Principal payments required on the company's outstanding indebtedness, based on the maturity dates defined within the company's debt arrangements, for the remainder of fiscal 2021 and succeeding fiscal years are as follows: fiscal 2021 (remainder), $0.0 million; fiscal 2022, $108.5 million; fiscal 2023, $17.0 million; fiscal 2024, $144.5 million; fiscal 2025, $0.0 million; fiscal 2026, $0.0 million; and after fiscal 2026, $425.0 million. As of July 30, 2021, the company reclassified the remaining $100.0 million outstanding balance under the $200.0 million three-year unsecured senior term loan facility, net of the

related proportionate share of deferred debt issuance costs, to current portion of long-term debt within the Condensed Consolidated Balance Sheets as the maturity date of the $200.0 million three-year unsecured senior term loan facility is April 1, 2022 and is within the next twelve months. Additionally, as of July 30, 2021, the company reclassified $4.2 million of the outstanding balance under the $300.0 million five-year unsecured senior term loan facility, net of the related proportionate share of deferred debt issuance costs, to current portion of long-term debt within the Condensed Consolidated Balance Sheets as the company is required to begin making quarterly amortization payments on the $300.0 million five-year unsecured senior term loan facility within the next twelve months. During the first nine months of fiscal 2021, the company prepaid the remaining $90.0 million of outstanding borrowings under the $190.0 million three-year unsecured senior term loan facility and prepaid $10.0 million of the remaining outstanding borrowings under the $300.0 million five-year unsecured senior term loan facility.