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,
−Removed: the value of our fixed rate financial assets may increase.
+Added: Treasuries used to price the assets decreases, 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 June 30, 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 June 30, 2021, all of which were under 1% at June 30, 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 September 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 September 30, 2021, all of which were under 1% at September 30, 2021.
($ in thousands) +2.00% +1.00% Maximum Decrease in Applicable Index
12 unchanged sentences
We closely monitor the cost of electricity at all of our locations and may enter into power utility contracts to purchase electricity at fixed prices in certain locations in the U.S., with such contracts generally representing less than our forecasted usage.
−Removed: Our building of new data centers and expansion of existing data centers will also subject us to commodity price risk with respect to building materials such as steel and copper.
+Added: Our building of new data centers and
+Added: expansion of existing data centers will also subject us to commodity price risk with respect to building materials such as steel and copper.
Additionally, the lead time to procure data center equipment is substantial and procurement delays could increase construction cost and delay revenue generation.
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.