3 unchanged sentences
We utilize both fixed-rate and variable-rate debt.
−Removed: For fixed-rate debt, changes in interest rates generally affect the fair value of the debt instrument but not our earnings or cash flows.
−Removed: Conversely, for variable-rate debt, changes in interest rates generally do not affect the fair value of
−Removed: the debt instrument but could affect our earnings and cash flows.
+Added: For fixed-rate debt, changes in interest rates generally affect the fair value of the debt instrument but not
+Added: our earnings or cash flows.
+Added: Conversely, for variable-rate debt, changes in interest rates generally do not affect the fair value of the debt instrument but could affect our earnings and cash flows.
Except in very limited circumstances, we do not have an obligation to prepay fixed-rate debt prior to maturity.
As a result, interest rate risk and changes in fair value should not have a significant impact on our fixed-rate debt until we are required or elect to refinance or repurchase such debt.
−Removed: The following table sets forth the principal cash flows by scheduled maturity, weighted-average interest rates, and estimated fair value of our debt obligations as of June 30, 2023 ($000’s omitted):
−Removed: As of June 30, 2023 for the
+Added: The following table sets forth the principal cash flows by scheduled maturity, weighted-average interest rates, and estimated fair value of our debt obligations as of September 30, 2023 ($000’s omitted):
+Added: As of September 30, 2023 for the
Years ending December 31,
5 unchanged sentences
Average interest rate 7.01 % — % — % — % — % — % 7.01 %
−Removed: (a) Includes the Repurchase Agreement and amounts outstanding under our Revolving Credit Facility, under which there was no amount outstanding at June 30, 2023 .
+Added: (a) Includes the Repurchase Agreement and amounts outstanding under our Revolving Credit Facility, under which there was no amount outstanding at September 30, 2023 .
Qualitative disclosure
25 unchanged sentences
failure to retain key personnel;
−Removed: the disruptions associated with the COVID-19 pandemic (or another epidemic or pandemic or similar public threat or fear of such an event), and the measures taken to address it;
−Removed: the effect of cybersecurity incidents and
+Added: the disruptions associated with the COVID-19 pandemic (or another epidemic or pandemic or
+Added: similar public threat or fear of such an event), and the measures taken to address it;
+Added: the effect of cybersecurity incidents and threats;
and other factors of national, regional and global scale, including those of a political, economic, business and competitive nature.
2 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.