8 unchanged sentences
An extended duration of near zero short-term interest rates could adversely impact the amount of net interest income we earn in the future.
−Removed: In March 2020, we drew the maximum amount available under our $100.0 million line of credit agreement, but have since repaid the entire amount as of June 30, 2020.
−Removed: Refer to Note 9 — Debt to the Consolidated Financial Statements included herein for additional information.
Our revolving credit facility is, and is expected to be, at variable rates of interest and expose us to interest rate risk.
Although any short-term borrowings under our revolving credit facility would likely be insensitive to interest rate changes, interest expense on short-term borrowings will increase and decrease with changes in the underlying short-term interest rates.
−Removed: For example, assuming we continued to have our revolving facility drawn up to its maximum borrowing capacity of $100.0 million, based on the applicable LIBOR and margin in effect as of June 30, 2020, each quarter point of change in interest rates would result in a $0.3 million change in our annual interest expense.
+Added: For example, assuming our revolving facility is drawn up to its maximum borrowing capacity of $100.0 million, based on the applicable LIBOR and margin in effect as of September 30, 2020, each quarter point of change in interest rates would result in a $0.3 million change in our annual interest expense.
We actively monitor our interest rate exposure and our objective is to reduce, where we deem appropriate to do so, fluctuations in earnings and cash flows associated with changes in interest rates.
10 unchanged sentences
Our management's Enterprise Risk Management Committee is responsible for monitoring our retail distributor and Simply Paid distribution partner exposure and assigning credit limits, and reports regularly to the risk committee of our Board of Directors.
−Removed: We will continue to monitor our exposure to credit risk with our retail distributors and other business partners in light of the COVID-19 pandemic.
+Added: We continue to monitor our exposure to credit risk with our retail distributors and other business partners in light of the COVID-19 pandemic.
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.