Fair Value of Financial Instruments
6 Months Ended
Aug. 31, 2021
Fair Value of Financial Instruments  
8. Fair Value of Financial Instruments

8. Fair value of financial instruments

 

The following tables present the fair value of the Company’s financial liabilities as at August 31, 2021 and February 28, 2021:

 

 

 

Fair Value Measurements as at August 31, 2021

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Level in the hierarchy

 

Instruments measured at amortized cost:

 

 

 

 

 

 

 

 

 

Long-term debt

 

$

4,238,028

 

 

$

4,253,605

 

 

Level 2

 

 

 

 

Fair Value Measurements at February 28, 2021

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Level in the hierarchy

 

Instruments measured at amortized cost:

 

 

 

 

 

 

 

 

 

Long-term debt

 

$2,454,123

 

 

$2,464,540

 

 

Level 2