10 unchanged sentences
Debt - Our interest rate risk as of September 30, 2024 relates primarily to our Term Loan.
−Removed: The interest rate is set at 300 basis points over the SOFR, with a 0.50% SOFR floor.
+Added: The interest rate is set at 300 basis points over SOFR, with a 0.50% SOFR floor.
Based on our outstanding borrowings at September 30, 2024, a 100 basis points change in interest rates would have impacted interest expense on the Term Loan by $9.0 million on an annualized basis.
−Removed: To the extent we borrow on our revolving credit facility, we will also be subject to risks related to changes in SOFR.
+Added: To the extent we borrow on our revolving credit facility, we will be subject to risks related to changes in SOFR.
Refer to Note 13 to the Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K for further information.
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.