13 unchanged sentences
our operating results.
−Removed: During the six months ended June 30, 2021, certain investments in our comprehensive investment portfolio had floating interest rates.
+Added: During the nine months ended September 30, 2021, certain investments in our comprehensive investment portfolio had floating interest rates.
These floating rate investments were primarily based on floating LIBOR and typically
2 unchanged sentences
The Company also has revolving credit facilities that are generally based on floating LIBOR.
−Removed: Assuming no changes to our balance sheet as of June 30, 2021 and no new defaults by portfolio companies, a hypothetical one percent decrease in LIBOR on our comprehensive floating rate assets and liabilities would increase our net investment
+Added: Assuming no changes to our balance sheet as of September 30, 2021 and no new defaults by portfolio companies, a hypothetical one percent decrease in LIBOR on our comprehensive floating rate assets and liabilities would increase our net investment
income by one cent per average share over the next twelve months.
−Removed: Assuming no changes to our balance sheet as of June 30, 2021 and no new defaults by portfolio companies, a
−Removed: hypothetical one percent increase in LIBOR on our comprehensive floating rate assets and liabilities would decrease our net investment income by approximately four cents per average share over
−Removed: the next twelve months.
−Removed: However, we may hedge against interest rate fluctuations from time-to-time by using standard hedging instruments such as futures, options, swaps
−Removed: and forward contracts subject to the requirements of the 1940 Act.
−Removed: While hedging activities may insulate us against adverse changes in interest rates, they may also limit our ability to participate in any benefits of certain changes in interest
−Removed: rates with respect to our portfolio of investments.
−Removed: At June 30, 2021, we have no interest rate hedging instruments outstanding on our balance sheet.
+Added: Assuming no changes to our balance sheet as of September 30, 2021 and no new defaults by portfolio companies, a hypothetical one percent increase in LIBOR on our comprehensive
+Added: floating rate assets and liabilities would decrease our net investment income by approximately five cents per average share over the next twelve months.
+Added: However, we may hedge against interest rate fluctuations from time-to-time by using standard hedging instruments such as futures, options, swaps and
+Added: forward contracts subject to the requirements of the 1940 Act.
+Added: While hedging activities may insulate us against adverse changes in interest rates, they may also limit our ability to participate
+Added: in any benefits of certain changes in interest rates with respect to our portfolio of investments.
+Added: At September 30, 2021, we have no interest rate hedging instruments outstanding on our balance sheet.
Increase (Decrease) in LIBOR
5 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.