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Debt
3 Months Ended
Apr. 02, 2023
Debt Disclosure [Abstract]  
Debt Debt
Debt outstanding was as follows:
In millionsApril 2, 2023December 31, 2022
4.88% Loan Notes due 2023
$25.0 $25.0 
4.94% Loan Notes due 2026
25.0 25.0 
Revolving credit facility42.2 31.9 
Unamortized debt issuance costs(0.8)(0.7)
Total debt$91.4 $81.2 
Less current portion$(25.0)$(25.0)
Non-current debt$66.4 $56.2 
The weighted-average interest rate on the revolving credit facility was 6.00% for the First Quarter of 2023 and 3.80% for the full-year 2022.
8.    Debt (continued)
The maturity profile of the Company's debt, excluding unamortized issuance costs and discounts, is as follows:
In millions2023202420252026ThereafterTotal
Loan Notes due 202325.0 — — — — 25.0 
Loan Notes due 2026— — — 25.0 — 25.0 
Revolving credit facility— — — 42.2 — 42.2 
Total debt $25.0 $— $— $67.2 $— $92.2 
Loan notes due and shelf facility
The Note Purchase Agreement and Private Shelf Agreement requires us to maintain compliance with a minimum interest coverage ratio and a leverage ratio. We have been in compliance with the covenants under the Note Purchase and Private Shelf Agreement throughout all of the quarterly measurement dates from and including September 30, 2014, to April 2, 2023.
The Loan Notes due 2023 and 2026, the Shelf Facility and the Note Purchase and Private Shelf Agreement are governed by the law of the State of New York.
Senior Facilities Agreement
During the first quarter of 2023, we drew down net $9.9 million on the Revolving Credit Facility and the balance outstanding at April 2, 2023, was $42.2 million, and at December 31, 2022, was $31.9 million, with $82.8 million undrawn at April 2, 2023.
We have been in compliance with the covenants under the Senior Facilities Agreement throughout all of the quarterly measurement dates to April 2, 2023.