15 unchanged sentences
2030 411,015 3.76% 650,000 5.14%
−Removed: Thereafter (b)
−Removed: 41,759 3.46% —
+Added: Thereafter 553,404 5.54% —
Bond discounts, premiums, and deferred issuance costs - net (14,220) (2,699)
1 unchanged sentence
Fair value at October 31, 2025
+Added: $ 1,998,222 $ 800,000
(a) Based upon the amount of variable-rate debt outstanding at October 31, 2025, and holding the variable-rate debt balance constant, each 1% increase in interest rates would increase the interest incurred by us by approximately $8.0 million per year, without consideration of the Company’s interest rate swap transactions.
−Removed: (b) In November 2020, we entered into five interest rate swap transactions to hedge $400.0 million of the $650.0 million Term Loan Facility, which is included in the variable-rate debt column in the table above.
−Removed: The interest rate swaps effectively fix the interest cost on the $400.0 million at 0.369% plus the spread set forth in the pricing schedule in the Term Loan Facility through October 2025.
−Removed: The spread was 0.90 % as of October 31, 2024.
−Removed: These interest rate swaps were designated as cash flow hedges.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
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.