3 unchanged sentences
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 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, 2024.
+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, Series F and Series G Senior Notes and the Company’s revolving lines of credit under the Credit Facility and Sweep Service Facility as of December 31, 2025.
(dollar amounts in thousands)
7 unchanged sentences
Stated interest rate
−Removed: 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.
−Removed: The Company commenced the closure of its Indian operations during 2017.
+Added: 5.30% Series G senior notes due in 2032
+Added: Stated interest rate
+Added: The Company formed a wholly owned Canadian subsidiary, TRS-RenTelco Inc., in 2004 in conjunction with the TRS acquisition.
The Canadian operations of the Company subject it to foreign currency risks (i.e.
−Removed: the possibility that the
−Removed: financial results could be better or worse than planned because of changes in foreign currency exchange rates).
+Added: the possibility that the financial results could be better or worse than planned because of changes in foreign currency exchange rates).
Currently, the Company does not use derivative instruments to hedge its economic exposure with respect to assets, liabilities and firm commitments denominated in foreign currencies.
3 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.