5 unchanged sentences
Debt that we incur under the DKL Credit Facility bears interest at floating rates and will expose us to interest rate risk.
−Removed: The outstanding floating rate borrowings totaled approximately $1,100.0 million as of September 30, 2023.
−Removed: The annualized impact of a hypothetical one percent change in interest rates on our floating rate debt outstanding as of September 30, 2023 would be to change interest expense by approximately $11.0 million.
+Added: The outstanding floating rate borrowings totaled approximately $565.2 million as of March 31, 2024.
+Added: The annualized impact of a hypothetical one percent change in interest rates on our floating rate debt outstanding as of March 31, 2024 would be to change interest expense by approximately $5.7 million.
Inflationary factors, such as increases in the costs of our inputs, operating expenses, and interest rates may adversely affect our operating results.
2 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.