5 unchanged sentences
Translation exposures with regard to Canadian and Mexican operations are not hedged.
−Removed: As of March 30, 2025, variable rate debt included $995 million of senior secured term loan facility borrowings and borrowings under an $850 million revolving credit facility under the 2024 Credit Agreement, as amended.
+Added: As of June 29, 2025, variable rate debt included $1,493 million of senior secured term loan facility borrowings and borrowings under an $850 million revolving credit facility under the 2024 Credit Agreement, as amended.
Assuming the outstanding senior secured term loan facility borrowings and the daily average balance over the past twelve months on revolving credit borrowings of approximately $396.3 million, a hypothetical 100 bps increase in 30-day SOFR on the variable-rate debt would lead to an increase of approximately $18.9 million in cash interest costs over the next twelve months.
A uniform 10% strengthening of the U.S.
−Removed: dollar relative to the Canadian dollar and Mexican peso would have resulted in a $0.9 million decrease in operating loss for the Combined Company's three months ended March 30, 2025.
+Added: dollar relative to the Canadian dollar and Mexican peso would have resulted in a $0.7 million decrease in operating loss contributed to the Combined Company's six month results ended June 29, 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.