2 unchanged sentences
We are exposed to interest rate risks related to the Company’s Revolving Credit Facility.
−Removed: As of September 30, 2021, there were no amounts outstanding under the Revolving Credit Facility.
+Added: As of March 31, 2022, there were no amounts outstanding under the Revolving Credit Facility.
Borrowings under the new Credit Facility effective June 2021 bear interest at either a eurocurrency rate plus a margin between 1.0% and 1.625%, or a base rate (as defined in the Credit Agreement) plus a margin of between 0% and 0.625%, both based on the leverage ratio of the Company at the end of each quarter.
1 unchanged sentence
The applicable margin for base rate loans was a range of 0.125% to 1.00% and the applicable margin for LIBOR loans was a range of 1.125% to 2.00%, both based on the leverage ratio of the Company at the end of each quarter.
−Removed: The rates on September 30, 2021 and December 31, 2020 were 1.84% and 1.87%, respectively.
+Added: The rates on March 31, 2022 and December 31, 2021 were 1.70% and 1.36%, respectively.
Foreign Currency Exchange Risk
3 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.