19 unchanged sentences
Average interest rate (1)
+Added: — % — % 5.75 % 5.30 % 4.00 % 5.06 %
Variable rate $ 3,324 $ 603,325 $ 324,975 $ — $ — $ — $ 931,624 $ 931,624
1 unchanged sentence
4.43 % 4.49 % 4.76 % — % — % — %
−Removed: (1) Estimated rate, reflective of forward SOFR plus the spread over SOFR applicable to the Company's variable-rate borrowing based on the terms of its Credit Agreement.
−Removed: Rate above includes the facility fee on the commitments under the Credit Agreement, which is due regardless of usage, at a rate that ranges from 0.125% to 0.3% per annum, depending on the credit rating assigned to the Credit Agreement from time to time.
+Added: (1) In connection with the issuance of our November 2037 Notes, the Company terminated certain interest rate hedges, resulting in a realized gain of approximately $1.0 million that is being amortized as a reduction to interest expense over a 10-year period.
+Added: The table above reflects the contractual stated coupon rates;
+Added: the impact of the terminated hedge is not reflected in the table.
+Added: (2) Estimated rate, reflective of forward SOFR plus the spread over SOFR applicable to the Company's variable-rate borrowing based on the terms of its Amended Credit Agreement.
+Added: Rate above includes the facility fee on the commitments under the Amended Credit Agreement, which is due regardless of usage, at a rate that ranges from 0.125% to 0.3% per annum, depending on the credit rating assigned to the Amended Credit Agreement from time to time.
The current facility fee rate is 0.25%.
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.