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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2021-11-05 compared with 2021-08-06 · 1 added, 1 removed, 20 unchanged (9% of the section changed)
5 unchanged sentences
We are primarily exposed to interest rate risk through our ABL Facility, which bears interest at variable rates based on LIBOR.
−Removed: We had $1.5 billion in outstanding principal under the ABL Facility at June 30, 2021.
+Added: We had $1.6 billion in outstanding principal under the ABL Facility at September 30, 2021.
In order to manage this risk, on November 6, 2018, WSII entered into an interest rate swap agreement that effectively converts $400.0 million in aggregate notional amount of variable-rate debt under our ABL Facility into fixed-rate debt.
13 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.