2 unchanged sentences
In 2019, we entered into an interest rate swap and cross-currency swap for hedging purposes.
−Removed: Refer to details noted above (see Note 20, Derivative Instruments and Hedging Activities ).
−Removed: Additionally, as of June 30, 2023, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2022 Credit Agreement plus an applicable rate (See Note 8, Revolving Loan ).
+Added: This derivative settled on its maturity date of June 27, 2023.
+Added: Re fer to details noted above (see Note 20, Derivative Instruments and Hedging Activities ).
+Added: Additionally, as of September 30, 2023, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2022 Credit Agreement plus an applicable rate (See Note 8, Revolving Loan ).
The applicable rate is based upon our consolidated net leverage ratio, as defined in the 2022 Credit Agreement.
−Removed: A 100 basis point increase or decrease in interest rates, applied to our borrowings at June 30, 2023, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approxi mately $4,056.
+Added: A 100 basis point increase or decrease in interest rates, applied to our borrowings at September 30, 2023, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approxi mately $3,806.
We are exposed to commodity price risks, including prices of our primary raw materials.
14 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.