LONG-TERM DEBT

Long-term debt consists of the following:



	June 30, 2012		December 31, 2011
	(in millions)

Revolving credit facility	$	—	$	—
9.25% Notes, net of discount	379.3		379.0
7.875% Notes	300.0		300.0
7.75% Notes	200.0		200.0
5.25% Notes, net of discount	249.9		249.9
Foreign credit facilities	39.3		45.2
Capital lease obligations	5.8		6.1
Long-term debt	$	1,174.3	$	1,180.2

As of June 30, 2012, the Revolving Credit Facility provided up to $86.8 million of revolving bank financing commitments through June 2013 and $235.0 million of additional revolving bank financing commitments through June 30, 2016. At June 30, 2012, we had $296.9 million available under the Revolving Credit Facility. This availability reflects a reduction of $24.9 million for standby letters of credit issued against the facility.

The Revolving Credit Facility provides back-up liquidity for our foreign credit facilities. We intend to use the availability of long-term financing under the Revolving Credit Facility to refinance any current maturities related to such debt agreements that are not otherwise refinanced on a long-term basis in their local markets.

We utilize local currency credit facilities to finance the operations of certain foreign subsidiaries. At June 30, 2012, $39.3 million was outstanding under these facilities and an additional $32.6 million was available.

The weighted-average interest rate of our long-term debt outstanding was 8.1% at June 30, 2012 and 8.0% as of December 31, 2011.