2019
Unamortized
Debt Issuance
(in thousands) Principal Costs
Unsecured note payable to City of Nashua, 5.75%,
due 12/25/2041 $ 104,570 $ -
Unsecured senior note payable due to an insurance company
7.40%, due March 1, 2021 2,800 10
Unsecured Business Finance Authority:
Revenue Bonds (Series 2014A), interest rates from 3.00% to 4.125%,
due January 1, 2045 37,830 1,708
Revenue Bonds (Series 2014B), 4.50%, due January 1, 2045 4,930 109
Revenue Bonds (Series 2015A), interest rates from 4.00% to 5.00%,
due January 1, 2046 18,925 1,373
Revenue Bonds (Series 2015B), 5.00%, due January 1, 2046 1,735 209
Revenue Bonds (Series 2018A), interest rates from 4.375% to 5.00%,
due April 1, 2048 4,460 253
Revenue Bonds (Series 20188), 4.33%, due April 1, 2028 990 57
Revenue Bonds {Series 2019A), interest rates from 2.19% to 4.15%,
due April 1, 2049 8,080 287
Revenue Bonds (Series 2019B), 3.38%, due April 1, 2020 170 2
Unsecured notes payable to bank, floating-rate, due March 1, 2030 2,716 13
Unsecured notes payable to bank, 3.62%, due June 20, 2023 1,294 6
Unsecured notes payable to bank, 4.20%, due December 20, 2041 1,160 6
Unsecured notes payable to bank, 4.83%, due December 20, 2041 887 5
Unsecured notes payable to bank, 4.25%, due June 20, 2033 706 6
Unsecured notes payable to bank, 4.90%, due March 6, 2040 557 33
Unsecured notes payable to bank, 5.33%, due June 20, 2043 339 13
Unsecured notes payable to bank, 4.38%, due September 20, 2044 1,145 16
Unsecured New Hampshire State Revolving Fund (“SRF”) notes (1) 21,783 172
Unsecured New Hampshire Drinking Water & Groundwater Trust
Fund ("DWGTF") notes (2) 8,168 11
Unamortized debt issuance costs for defeased obligations,
allowed by regulation : 78
Total 223,245 $ 4,367
Less current portion (6,582)
Less unamortized debt issuance costs (4,367)
Total long-term debt, less current portion
and unamortized debt issuance costs $ 212,296
(1) SRF notes are due through 2049 at interest rates ranging from 1% to 3.8%. These notes are payable in 120 to 240 consecutive monthly
installments of principal and interest. The 1% rate applies to construction projects still in process until the earlier of {i} the date of
bstantial pletion of the impr or (ii) various dates specified in the note (such eartier date being the interest rate change
date). Commencing on the interest rate change date, the interest rate changes to the lower of (i) the rate as stated in the note or (ii) 80% of
the established 11 General Obligations Bond Index published during the specified time period before the interest rate change date.
(2) DWGTF notes are due through 2050 at interest rates ranging from 1% to 3.38%. These notes are payable in 360 consecutive monthly
installments of principle and interest. The 1% rate applies to construction projects still in process until the earlier of (i) the date of
substantial completion of the improvements or (ii) June 1, 2020 as specified in the note (such earlier date being the interest rate change
date). Commencing on the interest rate change date, the interest rate change to the rate as stated in the note.
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