9. Long-Term Debt

Long-term debt consisted of the following:

	Fiscal Year Ended
	September 28, 2014			September 29, 2013
	(in thousands)
Credit facilities	$	202,438		$	205,000
Other		1,393			2,749

Total long-term debt		203,831			207,749
Less: Current portion of long-term debt		(10,989	)		(4,311	)

Long-term debt, less current portion	$	192,842		$	203,438

On May 7, 2013, we entered into the Amended Credit Agreement and refinanced the indebtedness under our prior credit agreement. The Amended Credit Agreement is a $665 million senior secured, five-year facility that provides for a $205 million Term Loan Facility and a $460 million Revolving Credit Facility. This agreement allows us to, among other things, finance certain permitted open market repurchases of our common stock, permitted acquisitions, and cash dividends and distributions. The Revolving Credit Facility includes a $200 million sublimit for the issuance of standby letters of credit, a $20 million sublimit for swingline loans, and a $150 million sublimit for multicurrency borrowings and letters of credit. Borrowings under the Amended Credit Agreement are collateralized by our accounts receivable, the stock of certain of our subsidiaries, and intercompany loans. The Amended Credit Agreement expires on May 7, 2018, or earlier at our discretion upon payment in full of loans and other obligations. We had borrowings outstanding at September 28, 2014 of $202.4 million, entirely under the Term Loan Facility, at a weighted-average interest rate of 1.82% per annum. At September 28, 2014, there was $1.2 million outstanding in standby letters of credit. At September 28, 2014, we had $460 million of available credit under the Revolving Credit Facility, of which $155.3 million could be borrowed without a violation of our debt covenants.

The Term Loan Facility is subject to quarterly amortization of principal, with no principal payment due in year 1, $10.3 million payable in both years 2 and 3, and $15.4 million payable in both years 4 and 5, respectively, with any unpaid balance due at maturity. The Term Loan may be prepaid at any time without penalty. We may borrow on the Revolving Credit Facility, at our option, at either (a) a Eurocurrency rate plus a margin that ranges from 1.15% to 2.00% per annum, or (b) a base rate for loans in U.S. dollars (the highest of the U.S. federal funds rate plus 0.50% per annum, the bank's prime rate or the Eurocurrency rate plus 1.00%) plus a margin that ranges from 0.15% to 1.00% per annum. In each case, the applicable margin is based on our Consolidated Leverage Ratio, calculated quarterly. The Term Loan Facility is subject to the same interest rate provisions.

The Amended Credit Agreement contains certain affirmative and restrictive covenants, and customary events of default. The financial covenants provide for a maximum Consolidated Leverage Ratio of 2.50 to 1.00 and a minimum Consolidated Fixed Charge Coverage Ratio of 1.25 to 1.00. Our obligations under the Amended Credit Agreement are guaranteed by certain of our subsidiaries and are secured by first priority liens on (i) the equity interests of certain of our subsidiaries, including those subsidiaries that are guarantors or borrowers under the Amended Credit Agreement, and (ii) our accounts receivable, general intangibles and intercompany loans, and those of our subsidiaries that are guarantors or borrowers. As of September 28, 2014, we met all compliance requirements of these covenants.

In fiscal 2014, other debt included capital leases of $1.4 million. In fiscal 2013, other debt included capital leases of $1.8 million, property and equipment loans of $0.1 million, and a bank overdraft facility of $0.9 million for one of our foreign affiliates.

We have three letter of credit agreements with three banks to issue up to $53 million in standby letters of credit. The amount of standby letters of credit outstanding under these facilities and other bank guarantees at September 28, 2014 was $31.7 million, of which $6.5 million was issued in currencies other than the U.S. dollar.

The following table presents scheduled maturities of our long-term debt:

	Amount
	(in thousands)
2015	$	10,979
2016		15,907
2017		15,441
2018		161,491
2019		13

Total	$	203,831