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Debt
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
DEBT
DEBT
Debt consisted of the following at September 30, 2014:
 
September 30, 2014
 
U.S. Dollar
 
Other Principal Trading Currencies
 
Total
6.30% $100 million Senior Notes due June 25, 2015
$
100,000

 
$

 
$
100,000

3.67% $50 million Senior Notes due December 17, 2022
50,000

 

 
50,000

4.10% $50 million Senior Notes due September 19, 2023
50,000

 

 
50,000

3.84% $125 million Senior Notes due September 19, 2024
125,000

 

 
125,000

Credit agreement
103,937

 
36,070

 
140,007

Other local arrangements
429

 
19,596

 
20,025

Total debt
429,366

 
55,666

 
485,032

Less: current portion
(100,429
)
 
(19,596
)
 
(120,025
)
Total long-term debt
$
328,937

 
$
36,070

 
$
365,007


As of September 30, 2014, the Company had $655.6 million of availability remaining under its Credit Agreement. The Company was in compliance with its covenants at September 30, 2014.

In June 2014, the Company entered into an agreement to issue and sell $250 million of ten-year Senior Notes in a private placement. The Company issued $125 million with a fixed interest rate of 3.84% ("3.84% Senior Notes") in September 2014 and will issue an additional $125 million with a fixed interest rate of 4.24% ("4.24% Senior Notes") in June 2015. The Senior Notes are senior unsecured obligations of the Company.

Issuance costs approximating $0.9 million will be amortized to interest expense over the ten year term of the Senior Notes.