1 unchanged sentence
Market Risk Related to Fixed and Variable Rate Debt
−Removed: As of March 31, 2026, we had $3.0 billion of outstanding consolidated indebtedness (inclusive of net unamortized debt discounts, premiums and issuance costs of $2.2 million).
+Added: As of June 30, 2026, we had $2.8 billion of outstanding consolidated indebtedness (inclusive of net unamortized debt discounts, premiums and issuance costs of $2.4 million).
In addition, we were party to three consolidated interest rate hedge agreements totaling $150.0 million maturing in July 2026.
−Removed: Reflecting the effects of these hedge agreements, our fixed and variable rate debt would have been $2.5 billion (84%) and $464.6 million (16%), respectively, of our total consolidated indebtedness as of March 31, 2026.
−Removed: As of March 31, 2026, we had $400.0 million of fixed rate debt scheduled to mature within the next 12 months.
−Removed: A 100-basis point change in interest rates on this debt as of March 31, 2026 would change our annual cash flow by $4.0 million.
−Removed: A 100-basis point change in interest rates on our unhedged variable rate debt as of March 31, 2026 would change our annual cash flow by $4.6 million.
+Added: Reflecting the effects of these hedge agreements, our fixed and variable rate debt would have been $2.4 billion (86%) and $411.0 million (14%), respectively, of our total consolidated indebtedness as of June 30, 2026.
+Added: As of June 30, 2026, we had $595.6 million of fixed rate debt scheduled to mature within the next 12 months.
+Added: A 100-basis point change in interest rates on this debt as of June 30, 2026 would change our annual cash flow by $6.0 million.
+Added: A 100-basis point change in interest rates on our unhedged variable rate debt as of June 30, 2026 would change our annual cash flow by $4.1 million.
Based upon the terms of our variable rate debt, we are most vulnerable to a change in short-term Secured Overnight Financing Rate (“SOFR”) interest rates.
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.