2 unchanged sentences
Management uses regular monitoring of market conditions and analysis techniques to manage this risk.
−Removed: As of December 31, 2023, $3.5 billion of the Company’s $5.0 billion of outstanding debt bore interest at fixed rates.
+Added: As of December 31, 2024 , $3.5 billion of the Company’s $4.7 billion carrying value of debt bore interest at fixed rates, excluding the interest rate swaps.
The following table provides information regarding the sensitivity of certain of the Company’s financial instruments, as described above, to market conditions and changes resulting from changes in interest rates.
14 unchanged sentences
Unsecured Term Loan due 2028 300,000 16,770 (1,677) 1,677
−Removed: Unsecured Term Loan due 2028 300,000 19,176 (1,918) 1,918
$ 1,150,000 $ 64,285 $ (6,429) $ 6,429
16 unchanged sentences
Total Fixed Rate Debt $ 3,514,755 $ 3,428,426 $ 3,416,300 $ 3,440,243 $ 3,372,704
−Removed: 1 Fair values as of December 31, 2022, represent fair values of obligations that were outstanding as of that date, and do not reflect the effect of any subsequent changes in principal balances and/or additions or extinguishments of instruments.
1 Balances are presented net of discounts and debt issuance costs and including premiums.
1 unchanged sentence
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.