
	As of	As of
	April 30, 2026	October 31, 2025
Borrowings under revolving credit facility	$1,380,000	$960,000
2028 senior unsecured notes	600,000	600,000
2033 senior unsecured notes	600,000	600,000
Finance leases and notes payable	16,290	17,890
Less: Debt discount and debt issuance costs	(9,000)	(9,945)
Total debt	2,587,290	2,167,945
Less: Current maturities of long-term debt	(3,402)	(3,358)
Long-term debt, net of current maturities	$2,583,888	$2,164,587

The Company's borrowings under its revolving credit facility mature in fiscal 2028. As of April 30, 2026 and October 31 2025, the weighted average interest rate on borrowings under the Company's revolving credit facility ("Credit Facility") was 5.0% and 5.3%, respectively. The Credit Facility contains both financial and non-financial covenants. As of April 30, 2026, the Company was in compliance with all such covenants.

The Company's senior unsecured notes consist of $600 million principal amount of 5.25% Senior Notes due August 1, 2028 (the "2028 Notes") and $600 million principal amount of 5.35% Senior Notes due August 1, 2033 (the "2033 Notes" and, collectively with the 2028 Notes, the "Notes"). Interest on the Notes is payable semi-annually in arrears on February 1 and August 1 of each year. The 2028 Notes and 2033 Notes each have an effective interest rate of 5.5%. The Notes are fully and unconditionally guaranteed on a senior unsecured basis by all of the Company's existing and future subsidiaries that guarantee the Company's obligations under the Credit Facility (the "Guarantor Group"). As of April 30, 2026, the Company was in compliance with all covenants related to the Notes.

The following table sets forth the carrying value and estimated fair value of the Company’s Notes, which are classified as Level 1 financial instruments in the fair value hierarchy (in thousands). The Company estimated the fair value of the Notes by taking the weighted average of market quotes for the exact security that was actively traded on April 30, 2026 and October 31, 2025.


	As of April 30, 2026		As of October 31, 2025
	Carrying Value	Fair Value	Carrying Value	Fair Value
2028 Notes	$597,046	$611,119	$596,437	$617,904
2033 Notes	593,954	610,696	593,618	624,320
Totals	$1,191,000	$1,221,815	$1,190,055	$1,242,224