pre_text: FINANCIAL EXPENSE (1) Fiscal 2018 was restated to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Discontinued operations" section. Fiscal 2019 fourth-quarter financial expense decreased by 15.2% mainly due to: • the reimbursements of $65 million and US$35 million under the Canadian Revolving Facility during the second quarter of fiscal 2019 and of US$328 million during the third quarter of fiscal 2019 following the sale of Cogeco Peer 1; and • lower debt outstanding and interest rates on the First Lien Credit Facilities; party offset by • the appreciation of the US dollar against the Canadian dollar compared to same period of the prior year.
table: Three months ended August 31, 2019 2018 (1) Change
table: (in thousands of dollars, except percentages) $ $ %
table: Interest on long-term debt 41,307 46,127 (10.4)
table: Net foreign exchange losses (gains) (403) 482 —
table: Amortization of deferred transaction costs 464 441 5.2
table: Capitalized borrowing costs (168) (162) 3.7
table: Other (763) 821 —
table: 40,437 47,709 (15.2)
question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the interest on long-term debt from 2018 to 2019?