	December 31
	2020			2019
Short-term debt
Secured notes
Thailand Bhat denominated at 3.60%	$	5,291		$	3,670
Thailand Bhat denominated at 3.29%		2,384			1,882
Thailand Bhat denominated at 2.97%		957			0
France Euro denominated at 2.50%		6,142			0
Brazil Real denominated at 2.83%		0			1,152
Brazil Real denominated at 5.40%		1,854			752
Brazil Real denominated at 9.40%		0			1,240
Brazil Real denominated at 3.30%		800			0
Current portion of long-term debt
U.S. dollar denominated at 2.71%		0			1,448
Austria Euro denominated at 2.48%		25			30
Austria Euro denominated at 1.40%		0			560
Austria Euro denominated at 3.00%		22			22
Indonesia U.S. Dollar denominated at 3.50%		800			800
New Zealand U.S. Dollar denominated at 3.25%		4,369			494
Total short-term debt		22,644			12,050

Long-term debt
U.S. Dollar denominated at 1.27%, due 2024		12,706			21,552
U.S. Dollar denominated at 2.71%, due 2026		0			9,535
Brazilian Real denominated at 4.60% due 2022		68			147
Brazilian Real denominated at 8.30% due 2025		1,800			0
Poland Zloty denominated at 1.33% due 2024		6,696			6,524
Australian Dollar denominated at 1.15%, due 2024		5,288			5,526
Austria Euro denominated at 2.48% due 2022		25			0
Austria Euro denominated at 2.32% due 2030		128			224
Austria Euro denominated at 2.76% due 2022		67			0
Austria Euro denominated at 1.27% due 2024		614			560
Austria Euro denominated at 3.00% due 2025		121			134
Indonesia U.S Dollar denominated at 3.50% due 2024		6,667			7,467
New Zealand Dollar denominated at 3.25% due 2021		4,369			0
New Zealand Dollar denominated at 3.90% due 2021		0			5,407
Total long-term debt		38,549			57,076
Less current portion		(5,216	)		(3,354	)
Total long-term debt, less current portion		33,333			53,722
Total debt	$	55,977		$	65,772

On April 17, 2020, the Company extended the term on its $65.0 million credit facility from June 30, 2021 to June 30, 2024 and added its Austrian subsidiary as a borrower on the facility. All other terms remain the same, including the interest rate at LIBOR plus 1.125% unless its funded debt to Earnings before Interest, Taxes and Depreciation ratio exceeds 2.25 to 1, at which point the LIBOR spread becomes 1.500%. At December 31, 2020, the Company’s Polish subsidiary had borrowed $6.7 million U.S. dollars at a rate of 1.125% plus the Warsaw Interbank Offer Rate with a term expiring June 30, 2024. At December 31, 2020, the Company’s Australian subsidiary had borrowed $5.3 million U.S. dollars, also with a term expiring June 30, 2024. At December 31, 2020, the interest rates on the U.S., Polish and Australian line of credit agreement were 1.269%, 1.325% and 1.145%, respectively. Under the credit facility, at December 31, 2020, the Company had utilized $25.4 million with $39.6 million available under the line of credit, net of long-term outstanding letters of credit of $.1 million. The line of credit agreement contains, among other provisions, requirements for maintaining levels of net worth and profitability. At December 31, 2020, the Company was in compliance with these covenants.

On December 22, 2020, the Company sold its corporate aircraft which had an outstanding balance of $8.1 million, of which $1.4 was classified as current. At December 31, 2020, the balance on this credit facility was zero. In September 2020, the company placed a $6.8 million deposit on a new corporate aircraft. Subsequently, in January 2021, the Company purchased the new corporate aircraft and the deposit was refunded and then included in the principal value of the loan. See Note Q for more information regarding this transaction.

On February 28, 2019, the Company acquired its Austrian subsidiary, SubCon Electrical Fittings GmbH (“SubCon”), headquartered in Dornbirn, Austria. The Company’s Austrian subsidiary had a 1.0 million euros, or $1.1 million U.S. dollars line of credit with a term expiration of May 31, 2021 with the option to renew for an additional twelve months indefinitely. On June 26, 2020, the Company’s Austrian subsidiary borrowed $.6 million on the Company’s line of credit at an interest rate of 1.273%. The proceeds were used to repay the previously outstanding local line of credit. At repayment, the local line of credit was cancelled.

On April 25, 2019, the Company borrowed $8.0 million U.S. dollars on behalf of its Indonesian subsidiary at a rate of 3.501% with a term expiring on April 30, 2024. At December 31, 2020, $6.7 million was outstanding on this debt facility, of which $.8 million is classified as current.

On August 14, 2019, the Company’s New Zealand subsidiary borrowed $5.3 million U.S. dollars at a rate of 3.900% with a term expiring on August 26, 2021. At December 31, 2020, $4.4 million was outstanding on this facility, all of which is classified as current and has an interest rate of 3.250%. This loan is secured by the Company’s New Zealand subsidiary’s land and building.

The Company’s Asia Pacific segment had $.6 million and $.3 million in restricted cash at December 31, 2020 and 2019, respectively. The restricted cash was used to secure bank debt and is included in Cash and cash equivalents and Other current assets on the Company’s Consolidated Balance Sheets at December 31, 2020 and 2019, respectively.

Aggregate maturities of long-term debt during the next five years are as follows: $22.6 million for 2021, $1.0 million for 2022, $.8 million for 2023, $26.1 million for 2024 and $5.4 million thereafter.

Interest paid was $1.9 million in 2020, $2.0 million in 2019 and $1.8 million in 2018.

The Company has provided financial guarantees for uncompleted work and financial commitments. The terms of these guarantees vary with end dates ranging from the current year through the completion of such transactions. The guarantees would typically be triggered in the event of non-performance. As of December 31, 2020, the Company had total outstanding guarantees of $9.8 million. Additionally, certain domestic and foreign customers require the Company to issue letters of credit or performance bonds as a condition of placing an order. As of December 31, 2020, the Company had total outstanding letters of credit of $8.0 million.