5 unchanged sentences
We are subject to interest rate risk in connection with the First Lien Term Loan and the ABL Revolving Credit Facility .
−Removed: As of May 1, 2021, we had $1,700.0 million outstanding under the First Lien Term Loan and no amounts outstanding under the ABL Revolving Credit Facility .
+Added: As of July 31, 2021, we had $1,695.8 million outstanding under the First Lien Term Loan and no amounts outstanding under the ABL Revolving Credit Facility .
The First Lien Term Loan and the ABL Revolving Credit Facility each bear interest at variable rates.
−Removed: An increase of 100 basis points in the variable rates on the First Lien Term Loan and the ABL Revolving Credit Facility as of May 1, 2021 would have increased annual cash interest in the aggregate by approximately $17.2 million.
−Removed: As of May 1, 2021, the underlying interest rates on the First Lien Term Loan and the ABL Revolving Credit Facility were at the floor in the applicable agreements.
+Added: An increase of 100 basis points in the variable rates on the First Lien Term Loan and the ABL Revolving Credit Facility as of July 31, 2021 would have increased annual cash interest in the aggregate by approximately $17.2 million.
+Added: As of July 31, 2021, the underlying interest rates on the First Lien Term Loan and the ABL Revolving Credit Facility were at the floor in the applicable agreements.
We cannot predict market fluctuations in interest rates and their impact on our debt, nor can there be any assurance that long-term fixed-rate debt will be available at favorable rates, if at all.
Consequently, future results may differ materially from estimated results due to adverse changes in interest rates or debt availability.
−Removed: As of May 1, 2021, our cash and cash equivalents were maintained at major financial institutions in the United States, and our current deposits are likely in excess of insured limits.
+Added: As of July 31, 2021, our cash and cash equivalents were maintained at major financial institutions in the United States, and our current deposits are likely in excess of insured limits.
We believe these institutions have sufficient assets and liquidity to conduct their operations in the ordinary course of business with little or no credit risk to us.
4 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.