5 unchanged sentences
We are exposed to market risks related to interest rates.
−Removed: Our exposure to changes in interest rates is limited to borrowings under our Revolving Loan Facility.
−Removed: A 25-basis point change in interest rates would potentially increase or decrease our annual interest expense by approximately $0.4 million.
+Added: Our exposure to changes in interest rates is primarily related to borrowings under our Revolving Loan Facility.
+Added: We have in place an interest rate swap agreement to manage the risk associated with a portion of our variable-rate long-term debt.
+Added: The interest rate swap involves the exchange of fixed-rate and variable-rate payments without the exchange of the underlying notional amount on which the interest payments are calculated.
+Added: The notional amount of the swap agreement is $60.0 million and it will terminate on May 1, 2027.
+Added: As of October 2, 2022, a 25-basis point change in interest rates on our unhedged variable-rate debt would potentially increase or decrease our annual interest expense by approximately $0.2 million.
Other types of market risk, such as foreign currency risk, do not arise in the normal course of our business activities.
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.