2 unchanged sentences
Weighted average variable rates are based on implied forward rates in the yield curve at December 31, 2023.
−Removed: The estimate of fair value of the Company’s fixed rate debt is based on the borrowing rates currently available to the Company for bank loans with similar terms and average maturities.
−Removed: The table below presents principal cash flows by expected annual maturities, related weighted average interest rates and estimated fair value for the Company’s
−Removed: Series E and Series D Senior Notes and the Company’s revolving lines of credit under the Credit Facility and Sweep Service Facility as of December 31, 2022.
+Added: The estimate of fair value of the Company’s fixed rate debt is based on the borrowing rates currently available to the Company for bank loans with similar terms and average maturities.
+Added: The table below presents principal cash flows by expected annual maturities, related weighted average interest rates and estimated fair value for the Company’s Series E, Series D and Series F Senior Notes and the Company’s revolving lines of credit under the Credit Facility and Sweep Service Facility as of December 31, 2023.
(dollar amounts in thousands)
5 unchanged sentences
Stated interest rate
+Added: 6.25% Series F senior notes due in 2030
+Added: Stated interest rate
The Company formed a wholly owned Canadian subsidiary, TRS-RenTelco Inc., in 2004 in conjunction with the TRS acquisition and a wholly owned Indian subsidiary, TRS-RenTelco India Private Limited, in 2013.
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.