Algonquin Power & Utilities Corp. – Consolidated Financial Statements ALGONQUIN POWER & UTILITIES CORP.  Notes to the Consolidated Financial Statements  December 31, 2012 and 2011   (in thousands of Canadian dollars except as noted and amounts per share)  9. Long-term liabilities Long term liabilities consist of the following:  2012  2011 APCo Revolving $200,000 credit facility, revolving line of credit  interest rate is equal to bankers acceptance or LIBOR plus  a variable rate as outlined in the credit facility agreement. The current rate is BA or LIBOR plus 1.75%, maturing  November 16, 2015. $ 27,074  $ -  Senior Unsecured Notes: $150,000 senior unsecured  notes, interest rate of 4.82% maturing February 15, 2021. The notes are interest only, payable semi-annually in  arrears. 149,910 - Senior Unsecured Notes: $135,000 senior unsecured  notes, interest rate of 5.5% maturing July 25, 2018. The  notes are interest only, payable semi-annually in arrears.  134,807  134,778  Senior Debt Long Sault Rapids: Interest at rate of 10.2%  repayable in blended monthly interest and principal  installments of $402 and maturing December 31, 2027. 38,136  39,033  Sanger Bonds: U.S. $19,200 California Pollution Control  Finance Authority Variable Rate Demand Resource  Recovery Revenue Bonds Series 1990A, interest payable  monthly, maturing September 15, 2020. The variable  interest rate is determined by the remarketing agent. The  effective interest rate for 2012 is 2.29% (2011 – 2.05%). 19,102  19,526  Senior Debt Chute Ford: Interest rate of 11.6% repayable  in blended monthly interest and principal installments of  $64 and maturing April 1, 2020. 3,763  4,072  Liberty Utilities  Revolving U.S. $100,000 credit facility, revolving line of  credit interest rate is equal to bankers acceptance or  LIBOR plus a variable rate as outlined in the credit facility  agreement. The current rate is LIBOR plus 1.625%,  maturing January 18, 2015.  27,360  - Senior Unsecured Notes:  Liberty Utilities Co. Senior unsecured notes, U.S. $50,000,  bearing an interest rate of 3.51%, maturing July 31, 2017;  U.S. $115,000, bearing an interest rate of 4.49%, maturing  August 1, 2022; and, U.S. $60,000, bearing an interest rate  of 4.89%, maturing July 30, 2027. The notes are interest  only, payable semi-annually.  223,852  -  California Pacific Electric Company, LLC: U.S. $45,000 senior unsecured notes, interest rate of 5.19%, maturing  December 29, 2020 and U.S. $25,000, interest rate of  5.59%, maturing December 29, 2025. The notes are  interest only, payable semi-annually.  69,643  71,190  2012 Annual Report 104