1 unchanged sentence
We are exposed to market risk from adverse changes in interest rates with respect to the short-term floating interest rate on borrowings under our Senior Secured Credit Facilities.
−Removed: As of September 30, 2021, the Company’s Senior Secured Credit Facilities had a gross outstanding balance of $1.6 billion, consisting of a $597.1 million Term Loan A Facility, a $982.7 million Term Loan B-1 Facility.
−Removed: As of September 30, 2021, we have $673.6 million of available borrowing capacity under our Revolving Credit Facility.
−Removed: The table below provides information as of September 30, 2021 about our long-term debt obligations that are sensitive to changes in interest rates, including the notional amounts maturing during the twelve month period presented and the related weighted-average interest rates by maturity dates.
+Added: As of March 31, 2022, the Company’s Senior Secured Credit Facilities had a gross outstanding balance of $1.5 billion, consisting of a $566.1 million Term Loan A Facility, a $977.1 million Term Loan B-1 Facility.
+Added: As of March 31, 2022, we have $674.3 million of available borrowing capacity under our Revolving Facility.
+Added: The table below provides information as of March 31, 2022 about our long-term debt obligations that are sensitive to changes in interest rates, including the notional amounts maturing during the twelve month period presented and the related weighted-average interest rates by maturity dates.
(dollars in millions) 4/01/22 - 3/31/23 4/01/23 - 3/31/24 4/01/24 - 3/31/25 4/01/25 - 3/31/26 4/01/26 - 3/31/27 Thereafter Total Fair Value
8 unchanged sentences
5.52 % 5.46 % 4.63 % 4.64 % — %
−Removed: (1) Estimated rate, reflective of forward LIBOR as of September 30, 2021 plus the spread over LIBOR applicable to variable-rate borrowing.
+Added: (1) Estimated rate, reflective of forward LIBOR as of March 31, 2022 plus the spread over LIBOR applicable to variable-rate borrowing.
+Added: Foreign Currency Exchange Rate Risk
+Added: We are exposed to currency translation risk because the results of our international entities are reported in local currency, which we then translate to U.S.
+Added: dollars for inclusion in our unaudited Consolidated Financial Statements.
+Added: As a result, changes between the foreign exchange rates, in particular the Canadian dollar compared to the U.S.
+Added: dollar, affect the amounts we record for our foreign assets, liabilities, revenues and expenses, and could have a negative effect on our financial results.
+Added: The results of theScore are reported in Canadian dollars, which we then translate to U.S.
+Added: dollars for inclusion in our unaudited Consolidated Financial Statements.
+Added: We do not currently enter into hedging arrangements to minimize the impact of foreign currency fluctuations on our operations.
+Added: For the three months ended March 31, 2022, we incurred an unrealized foreign currency translation adjustment gain of $35.8 million.
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.