1 unchanged sentence
Interest Rate Risk
−Removed: We are subject to interest rate risk on our senior debt, revolving credit facility and our other note payable.
+Added: We are subject to interest rate risk on our senior debt and revolving credit facility.
We monitor our exposure to changes in interest rates and utilize both fixed and variable rate debt.
2 unchanged sentences
Except in very limited circumstances, we do not have an obligation to prepay fixed-rate debt prior to maturity and, as a result, interest rate risk and changes in fair value would not have a significant impact on our cash flows related to our fixed-rate debt until such time as we are required to refinance, repurchase or repay such debt.
−Removed: At June 30, 2025, our fixed rate debt consisted of $70.6 million principal amount of our 3.85% senior notes due May 2026, $300 million principal amount of our 5.0% senior notes due March 2028, $500 million principal amount of 6.5% senior notes due March 2033 and $9.9 million principal amount of our 4.0% other note payable due in December 2025 .
−Removed: Our variable rate debt consisted of the outstanding borrowings on our $640 million senior unsecured revolving credit facility, of which there was none at June 30, 2025.
+Added: At December 31, 2025, our fixed rate debt consisted of $300 million principal amount of our 5.0% senior notes due March 2028 and $500 million principal amount of 6.5% senior notes due March 2033 .
+Added: Our variable rate debt consisted of the outstanding borrowings on our $665 million senior unsecured revolving credit facility, of which there was none at December 31, 2025.
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.