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Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | Long-term debt is summarized as follows:
In thousands | September 30, 2021 |  | December 31, 2020
Revolving credit facility, due Feb. 2024 | $ | 200,527 |  |  | $ | 36,813 |
Term loan, due Feb. 2024 | 226,080 |  |  | 249,715 |
2.40%Term Loan, due Jun. 2022 | 1,241 |  |  | 2,629 |
2.05% Term Loan, due Mar. 2023 | 9,270 |  |  | 14,737 |
1.30% Term Loan, due Jun. 2023 | 2,895 |  |  | 4,382 |
1.55% Term Loan, due Sep. 2025 | 5,674 |  |  | 7,143 |
1.10% Term Loan, due Mar. 2024 | 10,527 |  |  | — |
Total long-term debt | 456,214 |  |  | 315,419 |
Less current portion | (27,441) |  |  | (25,057) |
Unamortized deferred issuance costs | (5,683) |  |  | (1,898) |
Long-term debt, net of current portion | $ | 423,090 |  |  | $ | 288,464 |
Summary of Debts Borrowed by Subsidiary | Glatfelter Gernsbach GmbH (“Gernsbach”), a wholly-owned subsidiary of ours, entered into a series of borrowing agreements with IKB Deutsche Industriebank AG, Düsseldorf (“IKB”) as summarized below:
Amounts in thousands | Original Principal |  | Interest Rate |  | Maturity
Borrowing date |  |  |  |  |
Apr. 11, 2013 | € | 42,700 |  |  | 2.05 | % |  | Mar. 2023
Sep. 4, 2014 | 10,000 |  |  | 2.40 | % |  | Jun. 2022
Oct. 10, 2015 | 2,608 |  |  | 1.55 | % |  | Sep. 2025
Apr. 26, 2016 | 10,000 |  |  | 1.30 | % |  | Jun. 2023
May 4, 2016 | 7,195 |  |  | 1.55 | % |  | Sep. 2025

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