What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2022-09-13 compared with 2021-09-23 · 1 added, 1 removed, 14 unchanged (13% of the section changed)

6 unchanged sentences

We are exposed to changes in interest rates as a result of our variable-rate borrowings under the 2021 Credit Agreement.

Generally, the Company may designate specific borrowings under the 2021 Credit Agreement as either base rate borrowings or LIBO rate borrowings.

Generally, the Company may designate specific borrowings under the 2021 Credit Agreement as either base rate borrowings or LIBOR rate borrowings.

As of June 30, 2022, based on our secured net leverage ratio, the margins of our borrowings under the Term Loan Facility and Revolving Credit Facility (as defined in Note 8 to the consolidated financial statements) were (a) 0.75% for alternate base rate borrowings and (b) 1.75% for Eurodollar borrowings.

6 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.