10 unchanged sentences
Many of the statements contained in this section are forward looking and should be read in conjunction with our disclosures under the heading “ Cautionary Statement about Forward-Looking Statements ” above.
−Removed: As of June 30, 2021, we had $0.3 million of variable rate indebtedness outstanding under the Credit Agreement.
+Added: As of September 30, 2021, we had $379.0 million of variable rate indebtedness outstanding under the Credit Agreement.
All of the outstanding borrowings under the Credit Agreement are at variable rates based on LIBOR.
−Removed: The interest rate for our variable rate indebtedness as of June 30, 2021 was LIBOR plus 1.45%.
−Removed: At June 30, 2021, LIBOR was 0.09%, subject to the 0.50% LIBOR floor as included in the Credit Agreement.
+Added: The interest rate for our variable rate indebtedness as of September 30, 2021 was LIBOR plus 1.45%.
+Added: At September 30, 2021, LIBOR was 0.08%, subject to the 0.50% LIBOR floor as included in the Credit Agreement.
A hypothetical 100 basis point increase in the average interest rate above the LIBOR floor on our variable rate indebtedness would increase our annual interest cost by approximately $3.8 million.
1 unchanged sentence
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.