LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2012

Long-Term Debt

Long-term debt included on the condensed consolidated balance sheets consisted of:

(in thousands of U.S. dollars)	September 30, 2012		December 31, 2011
Senior Secured Revolving Credit Facility	$	50,000	$	50,000
Senior Secured Term Loan A	281,250		292,500
Senior Secured Convertible Notes due 2033, net of discount	61		60
6 5/8% Senior Notes due 2021	260,000		260,000
Total debt	591,311		602,560
Current portion long-term debt	18,750		15,000
Long-term debt	$	572,561	$	587,560

Required and Actual Financial Ratios Under Senior Secured Credit Facility

The following table shows the required and actual financial ratios under our Senior Secured Credit Facility as of September 30, 2012:

	Required Ratio	Actual Ratio
Maximum consolidated leverage ratio	No greater than 3.50:1.00	1.94:1.00
Minimum consolidated interest coverage ratio	No less than 3.00:1.00	11.70:1.00

Redemption Prices (Expressed as Percentages of the Principal Amount Thereof)

At any time on or after February 1, 2016, we may redeem all or a portion of the 2021 Notes at our option at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the twelve-month period commencing on February 1 of the years set forth below:

Year	Percentage
2016	103.313%
2017	102.208%
2018	101.104%
2019 and thereafter	100.000%