1 unchanged sentence
Interest Rate Risk
−Removed: During the three months ended March 31, 2020, the Company borrowed an additional $105.0 million, resulting in $105.0 million of outstanding variable rate debt as of March 31, 2020.
+Added: During the six months ended June 30, 2020, the Company borrowed an additional $130.0 million, resulting in $130.0 million of outstanding variable rate debt as of June 30, 2020.
We may incur additional variable rate debt in the future, including additional amounts that we may borrow under our revolving credit facility.
−Removed: As of March 31, 2020, assuming no change in the outstanding balance of our existing variable rate debt, a hypothetical 100 basis point increase or decrease in the London Inter-Bank Offered Rate would increase or decrease our projected annual interest expense by approximately $1.1 million.
+Added: As of June 30, 2020, assuming no change in the outstanding balance of our existing variable rate debt, a hypothetical 100 basis point increase or decrease in the London Inter-Bank Offered Rate would increase or decrease our projected annual interest expense by approximately $1.3 million or $0.2 million, respectively.
This analysis does not consider the effects of the reduced level of overall economic activity that could exist in such an environment.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.