When the limit steps, and which way the company's ratio has been moving.
Signed Jul 31, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $600m | Jul 2030 | 175–250 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level 1 | ≤ 1.0x | 175 bps | 35 bps |
| Level 2 | >1.0x and ≤1.5x | 200 bps | 40 bps |
| Level 3 | >1.5x and ≤ 2.5x | 225 bps | 45 bps |
| Level 4 | >2.5x | 250 bps | 50 bps |
§1.1
Lenders: THE BANK OF NOVA SCOTIA, CANADIAN IMPERIAL BANK OF COMMERCE
Maintain an Interest Coverage Ratio with respect to each Rolling Period of not less than 3.00 to 1.00, such ratio to be reported in the Compliance Certificate.Read the filing on sec.gov ↗
Springing: Applies only while any Permitted Notes are outstanding.
Maintain an Interest Coverage Ratio with respect to each Rolling Period of not less than 3.00 to 1.00, such ratio to be reported in the Compliance Certificate.Read the filing on sec.gov ↗
Maintain a Net Leverage Ratio at all times of not more than 3.50 to 1.00, such ratio to be reported in the Compliance Certificate.Read the filing on sec.gov ↗
Springing: Applies only while any Permitted Notes are outstanding.
Maintain a Net Leverage Ratio at all times of not more than 4.00 to 1.00, such ratio to be reported in the Compliance Certificate.Read the filing on sec.gov ↗
Springing: Applies only while any Permitted Notes are outstanding.
Maintain a Senior Secured Leverage Ratio at all times of not more than 3.00 to 1.00, such ratio to be reported in the Compliance Certificate.Read the filing on sec.gov ↗
No amendments on file yet.
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