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Long-Term Debt | 6 Months Ended
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Oct. 31, 2014
Debt Disclosure [Abstract] |
Long-Term Debt |
5. | LONG-TERM DEBT
Long-term debt and capital leases as of October 31, 2014 and April 30, 2014 consist of the following:
|  | October 31, 2014 |  |  | April 30, 2014 |
Senior Secured Revolving Credit Facility: |  |  |  |  |  |  |  |
Due March 2016; bearing interest at LIBOR plus 3.75% |  | $ | 144,300 |  |  | $ | 133,860 |
Senior Subordinated Notes: |  |  |  |  |  |  |  |
Due February 2019; bearing interest at 7.75% (including unamortized discount of $1,363 and $1,491) |  |  | 323,637 |  |  |  | 323,509 |
Tax-Exempt Bonds: |  |  |  |  |  |  |  |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2005R-2; senior unsecured due January 2025 - fixed rate interest period through 2017, bearing interest at 6.25% |  |  | 21,400 |  |  |  | 21,400 |
Vermont Economic Development Authority Solid Waste Disposal Long-Term Revenue Bonds Series 2013; senior unsecured due April 2036 - fixed rate interest period through 2019, bearing interest at 4.75% |  |  | 16,000 |  |  |  | 16,000 |
Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013; senior unsecured due April 2029 - fixed rate interest period through 2019, bearing interest at 4.00% |  |  | 11,000 |  |  |  | — |
Finance Authority of Maine Solid Wasete Disposal Revenue Bonds Series 2005R-1; letter of credit backed due January 2025 - variable rate interest period through 2017, bearing interest at SIFMA Index |  |  | 3,600 |  |  |  | 3,600 |
Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013; letter of credit backed due 2029 - converted to fixed rate interest period, bore interest at SIFMA Index |  |  | — |  |  |  | 5,500 |
Other: |  |  |  |  |  |  |  |
Notes payable maturing through April 2017 |  |  | 440 |  |  |  | 440 |
Capital leases maturing through April 2023 |  |  | 3,401 |  |  |  | 3,710 |
|  |  | 523,778 |  |  |  | 508,019 |
Less—current maturities of long-term debt |  |  | 1,736 |  |  |  | 885 |
|  | $ | 522,042 |  |  | $ | 507,134 |
Tax-Exempt Financing Transactions New Hampshire Bonds In the three months ended October 31, 2014, we completed a financing transaction involving $11,000 aggregate principal amount of tax-exempt Solid Waste Disposal Revenue Bonds Series 2013 issued by the Business Finance Authority of the State of New Hampshire (“New Hampshire Bonds”), consisting of the conversion and remarketing of $5,500 principal amount of New Hampshire Bonds from a variable rate to a fixed term rate and the issuance of an additional $5,500 principal amount of fixed term rate New Hampshire Bonds. We borrowed the additional proceeds of the New Hampshire Bonds to repay borrowings under our senior secured revolving credit facility (“Revolver”) for qualifying property, plant and equipment assets purchased in New Hampshire since October 5, 2011.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
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