4 unchanged sentences
We manage our variable rate interest rate risk through a combination of short-term and long-term borrowings and the use of derivative instruments entered into for hedging purposes.
−Removed: Our interest rate exposure includes SOFR rates.
−Removed: Due to the nature of our debt, the materiality of the fair values of the derivative instruments and the highly liquid, short-term nature and level of our cash and cash equivalents as of September 30, 2024, we believe that the risk of exposure to changing interest rates for those positions is immaterial.
−Removed: There were no significant changes in how we manage interest rate risk between December 31, 2023 and September 30, 2024.
+Added: Additionally, our interest income that we primarily earn on restricted cash due to customers for our payment processing solutions acts as a partial natural hedge against our interest rate risk.
+Added: Our primary interest rate exposure is related to changes in SOFR rates.
+Added: Due to the nature of our debt, the materiality of the fair values of the derivative instruments and the highly liquid, short-term nature and level of our cash and cash equivalents as of March 31, 2025, we believe that the risk of exposure to changing interest rates for those positions is immaterial.
+Added: There were no significant changes in how we manage interest rate risk between December 31, 2024 and March 31, 2025.
Foreign Currency Risk
1 unchanged sentence
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.