Borrowings from Secured and Unsecured Debt Financings (Tables)

12 Months Ended

Feb. 29, 2024

The outstanding amounts of our secured and unsecured term debt financings were as follows:


	At February 29, 2024					At February 28, 2023
Debt Obligation	Outstanding Borrowings		Number of Aircraft	Interest Rate	Final Stated Maturity	Outstanding Borrowings
Secured Debt Financings:

Term Financings(1)	$	883,451	38	2.36% to 7.67%	09/13/24 to 06/27/32	$	761,283
Less: Debt issuance costs	(8,054)					(8,985)
Total secured debt financings, net of debt issuance costs and discounts	875,397					752,298
Unsecured Debt Financings:



5.000% Senior Notes due 2023(2)	—			—%	N/A	500,000
4.400% Senior Notes due 2023(2)	—			—%	N/A	650,000
Senior Notes due 2024	500,000			4.125%	05/01/24	500,000
Senior Notes due 2025	650,000			5.25%	08/11/25	650,000
Senior Notes due 2026	650,000			4.25%	06/15/26	650,000
2.850% Senior Notes due 2028	750,000			2.85%	01/26/28	750,000
6.500% Senior Notes due 2028	650,000			6.50%	07/18/28	—
Senior Notes due 2029	650,000			5.95%	02/15/29	—
Unsecured Term Loan(2)	—			—%	N/A	155,000
Revolving Credit Facilities	20,000			7.48%	05/24/25 to 02/08/28	20,000
Less: Debt issuance costs and discounts	(46,901)					(32,546)
Total unsecured debt financings, net of debt issuance costs and discounts	3,823,099					3,842,454

Total secured and unsecured debt financings, net of debt issuance costs and discounts	$	4,698,496				$	4,594,752

_______________

(1)The borrowings under these financings at February 29, 2024 have a weighted-average fixed rate of interest of 5.45%.

(2)Repaid at their final stated maturity date.

Maturities of the secured and unsecured debt financings over the next five years and thereafter are as follows: