Long-Term Debt

Long-term debt is as follows (in thousands):



	March 28, 2015			December 27, 2014
ABL Facility due 2017	$	164,900		$	134,700
8.500% junior priority secured notes due 2022 ($248.0 million outstanding principal amount as of March 28, 2015, and December 27, 2014)	245,444			245,384
6.000% senior priority secured notes due 2019 ($540.0 million outstanding principal amount as of March 28, 2015, and December 27, 2014)	534,805			534,552
11.5% senior notes due 2017 ($206.5 million and $222.3 million outstanding principal amount as of March 28, 2015, and December 27, 2014, respectively)	202,903			218,011
7% senior exchangeable notes due 2017	83,250			83,250
Other debt including capital leases	19,439			18,442
	1,250,741			1,234,339
Less current maturities	(4,467		)	(4,355		)
Long-term debt	$	1,246,274		$	1,229,984

The estimated fair value of the Company’s long-term debt was approximately $1.2 billion and $1.1 billion as of March 28, 2015, and December 27, 2014, respectively. The fair value was determined by the Company to be Level 2 under the fair value hierarchy, and was based upon review of observable pricing in secondary markets for each debt instrument.

As of March 28, 2015, the Company was in compliance with all covenants under its long-term debt.

Amendment to ABL Facility

On January 30, 2015, the Company entered into Amendment No. 3 ("ABL Amendment No. 3") to the $230 million asset-based revolving credit facility (the "ABL Facility"), and an accompanying Increasing Lender Agreement on February 4, 2015, pursuant to which the revolving commitments were increased by $10.0 million. Among other things, ABL Amendment No. 3 increased the Company's flexibility to use the proceeds of any future asset sales to prepay its other indebtedness. The amendment also generally increased the Company's flexibility to prepay outstanding indebtedness, make acquisitions and other investments, and pay dividends, subject to the satisfaction of certain conditions. In connection with this amendment, the Company capitalized debt issuance costs of $1.3 million.

Extinguishments

In the first quarter of 2015, the Company recorded a loss on early extinguishment of debt of $0.4 million related to the repurchase of $15.8 million of its 11.5% senior notes due 2017 (the "11.5% Notes"), of which $0.2 million related to the write-off of unamortized debt issuance costs, and $0.2 million related to the write-off of original issuance discount.