23 unchanged sentences
Treasury securities are priced to a lower yield and/or the spread to U.S.
−Removed: Treasuries used to price the assets decreases, the value of our fixed rate financial assets may increase.
+Added: Treasuries used to price the assets decreases,
+Added: the value of our fixed rate financial assets may increase.
Fluctuations in LIBOR and/or any alternative reference rate may affect the amount of interest income we earn on our floating rate borrowings and interest expense we incur on borrowings indexed to such reference rate, including under credit facilities and investment-level financing.
7 unchanged sentences
We limit our exposure to interest rate increases for our debt primarily through the use of interest rate caps.
−Removed: The interest rate sensitivity table below illustrates the hypothetical impact of changes in the index rates in 1% increments on our interest expense in a one year period, assuming no changes in our debt principal as it stood at March 31, 2021, and taking into account the effects of interest rate caps and contractual floors on indices.
−Removed: The maximum decrease in the interest rates is assumed to be the actual applicable indices at March 31, 2021, all of which were under 1% at March 31, 2021.
+Added: The interest rate sensitivity table below illustrates the hypothetical impact of changes in the index rates in 1% increments on our interest expense in a one year period, assuming no changes in our debt principal as it stood at June 30, 2021, and taking into account the effects of interest rate caps and contractual floors on indices.
+Added: The maximum decrease in the interest rates is assumed to be the actual applicable indices at June 30, 2021, all of which were under 1% at June 30, 2021.
($ in thousands) +2.00% +1.00% -1.00% Maximum Decrease in Applicable Index
15 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.