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Item 3 — Quantitative and Qualitative Disclosures About Market Risk
Array Digital Infrastructure, Inc. · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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Market Risk
As of June 30, 2026, approximately 55% of Array's long-term debt was in fixed-rate senior notes and approximately 45% in variable-rate debt. Fluctuations in market interest rates can lead to volatility in the fair value of fixed-rate notes and interest expense on variable-rate debt.
The following table presents the scheduled principal payments on long-term debt obligations and the related weighted average interest rates by maturity dates at June 30, 2026.
Principal Payments Due by Period
Long-Term Debt Obligations1 Weighted-Avg. Interest Rates on Long-Term Debt Obligations2
(Dollars in thousands)
Remainder of 2026 $ 4,063 6.2 %
2027 8,125 6.2 %
2028 8,125 6.2 %
2029 12,188 6.2 %
2030 292,500 6.2 %
Thereafter 363,928 5.9 %
Total $ 688,929 6.0 %
1The total long-term debt obligation differs from Long-term debt in the Consolidated Balance Sheet due to unamortized debt issuance costs on all non-revolving debt instruments and unamortized discounts related to the 6.7% Senior Notes.
2Represents the weighted average stated interest rates at June 30, 2026, for debt maturing in the respective periods.
See Note 3 — Fair Value Measurements in the Notes to Consolidated Financial Statements for additional information related to the fair value of Array’s Long-term debt as of June 30, 2026.
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