10.

DEBT

The following table summarizes the Company's debt facilities as of December 31, 2013 and September 30, 2014. The Company's book value for both the individual and consolidated debt included in the table approximates fair value. The estimated fair value of the Company's debt is based on interest rates available for debt with similar terms and remaining maturities. The Company has classified these instruments as Level 2 in the fair value hierarchy.

Debt Facility		Original Principal Amount	Balance as of September 30, 2014⁽¹⁾	Balance as of December 31, 2013	Interest Rate	Repayment terms

Multi-currency uncommitted shelf facility⁽²⁾:

U.S. dollar denominated:		$40.0 million	$11.4 million	$17.1 million	6.2 %	Notes due July 2016 with annual principal payments that began in July 2010. Paid in full on October 10, 2014.

		$20.0 million	$8.6 million	$11.4 million	6.2 %	Notes due January 2017 with annual principal payments that began in January 2011. Paid in full on October 10, 2014.

Japanese yen denominated:		3.1 billion yen	–	0.4 billion yen or $4.1 million	1.7 %	Notes paid in full on April 30, 2014.

		2.3 billion yen	1.0 billion yen or $8.9 million	1.3 billion yen or $12.3 million	2.6 %	Notes due September 2017 with annual principal payments that began in September 2011.Paid in full on October 10, 2014.

		2.2 billion yen	0.9 billion yen or $8.5 million	1.2 billion yen or $11.8 million	3.3 %	Notes due January 2017 with annual principal payments that began in January 2011. Paid in full on October 10, 2014.

		8.0 billion yen	8.0 billion yen or $72.2 million	8.0 billion yen or $75.8 million	1.7 %	Notes due May 2022 with annual principal payments that begin in May 2016. Paid in full on October 10, 2014.

Korean subsidiary loan⁽³⁾:	$20.0 million		$20.0 million	–	2.5 %	Notes due December 2014, with a right to extend the term for an additional six months.

Revolving credit facilities:
2010⁽⁴⁾			–	$35.0 million	N/A	Paid in full.

2013⁽⁵⁾			$50.0 million	$14.0 million	Variable 30 day: 1.1035%	Revolving line of credit. Paid in full on October 10, 2014.

2014			–	–	N/A	Revolving line of credit. Terminated on October 15, 2014.

Japan subsidiary loan⁽⁶⁾:

2014			1 billion yen or $9.1 million	–	1.475%	Paid in full as of October 15, 2014.

NU SKIN ENTERPRISES, INC.

Notes to Consolidated Financial Statements

____________________

⁽¹⁾

As of September 30, 2014, the current portion of the Company's debt (i.e. becoming due in the next 12 months) included $5.2 million of the balance of its Japanese yen-denominated debt under the multi-currency uncommitted shelf facility, $8.6 million of the balance on its U.S. dollar denominated debt under the multi-currency uncommitted shelf facility, $50.0 million of the Company's revolving loans, $20.0 million borrowed at its Korean subsidiary and $9.1 million borrowed at its Japanese subsidiary.

⁽²⁾

On August 8, 2014, the Company entered into an amendment of the amended and restated note purchase and private shelf agreement (multi-currency), dated as of May 25, 2012, among the Company, Prudential Investment Management, Inc. and certain other purchasers. On October 10, 2014, the Company repaid all the amounts outstanding under the notes and also paid a $7.4 million fee related to the prepayment of debt.

⁽³⁾	In July 2014, the Company's subsidiary in South Korea borrowed $20.0 million through a U.S. dollar-denominated term loan.

⁽⁴⁾	The Company paid the outstanding balance in full prior to the August 8, 2014, expiration of the amended and restated credit agreement, dated as of May 25, 2012, among the Company, various financial institutions, and JPMorgan Chase Bank, N.A. as administrative agent.

⁽⁵⁾

On August 15, 2014, the Company entered into an amendment of the loan agreement, dated as of September 5, 2013, with Bank of America, N.A. The amendment extended the term of the agreement from September 4, 2014 to December 3, 2014, and changed the applicable interest rate from LIBOR plus 0.425% to LIBOR plus 0.95%. On October 10, 2014, the Company paid the outstanding balance of the revolving credit facility.

⁽⁶⁾

In July 2014, the Company's subsidiary in Japan borrowed 3 billion Japanese yen ($29.5 million) through a yen-denominated revolving credit facility. Effective October 1, 2014, the interest rate on this credit facility was reduced to 0.74%. On October 15, 2014, the Company paid the outstanding balance of the revolving credit facility.