12 unchanged sentences
In conjunction with our $350 million, 7 year, term loan, and subsequent entry into an additional $190 million in incremental term loans under the Credit Facility, we entered into interest rate hedge instruments for the full 7 year term, effectively fixing our interest rate at 5.4%.
−Removed: However, the interest rate associated with our new $60 million, 5 year, revolving credit facility remains floating.
−Removed: As of March 31, 2021, we had a principal balance of $531.9 million under our Credit Facility.
−Removed: As there was no debt outstanding under our revolving credit facility as of March 31, 2021, a hypothetical change of 100 basis points would result in no change to total interest expense.
+Added: However, the interest rate associated with our $60 million, 5 year, revolving credit facility remains floating.
+Added: As of June 30, 2021, we had a principal balance of $530.6 million under our Credit Facility.
+Added: As there was no debt outstanding under our revolving credit facility as of June 30, 2021, a hypothetical change of 100 basis points would result in no change to total interest expense.
Foreign Currency Exchange Risk
2 unchanged sentences
As a result, we are exposed to foreign exchange rate fluctuations as the financial results of our international operations and our revenue and operating results could be adversely affected.
−Removed: The effect of a hypothetical 10% change in foreign currency exchange rates applicable to our business could have resulted in a change in revenue of $1.5 million for the three months ended March 31, 2021.
+Added: The effect of a hypothetical 10% change in foreign currency exchange rates applicable to our business could have resulted in a change in revenue of $3.3 million for the six months ended June 30, 2021.
To date, we have not engaged in any currency hedging strategies.
9 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.