What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2026-02-27 compared with 2025-03-03 · 2 added, 2 removed, 17 unchanged (19% of the section changed)

8 unchanged sentences

We are exposed to changes in the level of interest rates and to changes in the relationship or spread between interest rates.

Our primary interest rate exposure relates to our term loan arrangements.

Our borrowing agreements generally require payments based on a variable interest rate index, such as SOFR.

Our primary interest rate exposure relates to our Revolving Credit Facility.

Certain borrowing agreements of ours require payments based on a variable interest rate index, such as SOFR.

Therefore, to the extent our borrowing costs are not fixed, increases in interest rates may reduce our net income by increasing the cost of our debt without any corresponding increase in rents or cash flow from our leases.

7 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.