9) Debt

At December 31, 2015 and June 30, 2015, we had debt issuance costs of $1.1 million and $1.3 million, respectively. The Company’s debt payments are due as follows (in thousands):

Fiscal Year
2016	$	6
2017		12
2018		6
2019		-
2020		110,000
Thereafter		-
Issuance costs		(1,091	)
	$	108,933

Bank Credit Agreements

During fiscal year 2015, the Company entered into an Amended and Restated Credit Agreement (“Credit Facility”, or “facility”). This five-year Credit Facility expires in December 2019 and has a borrowing limit of $400 million, which can be increased by an amount of up to $100 million, in accordance with specified conditions contained in the agreement. The facility also includes a $10 million sublimit for swing line loans and a $30 million sublimit for letters of credit.

At December 31, 2015, the Company had standby letters of credit outstanding, primarily for insurance purposes, of $7.7 million and had the ability to borrow $247.2 million under the facility. At December 31, 2015, the carrying value of the current borrowings under the facility approximates fair value.