5 unchanged sentences
There were no material changes in our interest rate risk exposure to that disclosed in our 2024 Annual Report, other than as described below.
−Removed: As a result of issuing the First Lien Term Loan B-2 due 2032 and the partial redemption of the First Lien Notes due 2026, a larger portion of our debt is now subject to variable interest rates.
−Removed: As of March 31, 2025, the principal balance of our debt, excluding finance leases, that was subject to a variable-rate was approximately 8% (including the impact of interest rate swaps) and approximately 38% (excluding the impact of interest rate swaps) of the total carrying amount of our debt.
+Added: A larger portion of our debt is subject to variable interest rates as of June 30, 2025 as compared to December 31, 2024.
+Added: As of June 30, 2025, the principal balance of our debt, excluding finance leases, that was subject to a variable-rate was approximately 1% (including the impact of interest rate swaps) and approximately 38% (excluding the impact of interest rate swaps) of the total carrying amount of our debt.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.