content_image/153179.jpg content_image/153180.jpg content_image/153181.jpg
<img src='content_image/153179.jpg'>

## 21. DEBT 

<img src='content_image/153180.jpg'>

The revolving credit facility with a maximum of $ 600.0  bears interest at rates that fluctuate with changes in bankers' acceptance rates and is unsecured. As at September 27, 2014, the unused authorized revolving credit facility was $208.3 ($ 600.0  as at September 28, 2013). Given that the Corporation frequently increases and decreases this credit facility through bankers' acceptances with a minimum of 30 days and to simplify its presentation, the Corporation found that it is preferable for the understanding of its financing activities to present the consolidated statement of cash flows solely with net annual changes. 

Minimum required payments on debt in the upcoming fiscal years will be as follows: 

<img src='content_image/153181.jpg'>

The minimum payments in respect of the obligations under finance leases included interest amounting to $17.8 on these obligations in 2014 ($20.8 in 2013). 

On August 22, 2014, the maturity of the revolving credit facility was extended to November 3, 2019. 

On December 5, 2014, the Corporation reimbursed its revolving credit facility . Also, on December 31, 2014, the Corporation will redeem its $200.0 aggregate principal amount of Series A notes.These changes are not taken into consideration in the above tables (note 31 - Event after the reporting period). 

