11 unchanged sentences
450,000 450,000 4.67% 4.87%
−Removed: Senior unsecured notes July 2031 400,000 400,000 3.1% 3.1%
+Added: Senior unsecured notes:
+Added: 2031 Notes July 2031 400,000 400,000 3.12% 3.12%
+Added: 2035 Notes December 2035 400,000 — 5.40% —%
Revolving Credit Facility February 2030 (2)
4 unchanged sentences
While our borrowings under the 2027 Term Loan and the CF Term Loans are variable-rate, we have effectively fixed the interest rate under these term loans by entering into interest rate swap agreements where we pay a fixed interest rate and receive a floating interest rate equal to the rate we pay on the respective loan.
−Removed: At December 31, 2024, our aggregate asset in the event of the early termination of our swaps was $20.1 million.
+Added: At December 31, 2025, our aggregate liability in the event of the early termination of our swaps was $18.5 million.
Borrowings outstanding under the Revolving Credit Facility from time to time bear interest at a variable rate equal to 1-month SOFR plus a leverage-based credit spread.
11 unchanged sentences
The estimated fair value of our fixed-rate indebtedness under our senior unsecured notes is calculated based on quoted prices in active markets for identical assets.
−Removed: The following table discloses fair value information related to our fixed-rate indebtedness as of December 31, 2024:
+Added: The following table discloses fair value information
+Added: related to our fixed-rate indebtedness as of December 31, 2025:
(in thousands) Carrying Value (1)
4 unchanged sentences
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.