6 unchanged sentences
Interest Rate Sensitivity
−Removed: As of March 31, 2020, approximately 55% of our long-term debt was based on fixed rates.
−Removed: Based on our borrowings as of March 31, 2020, an assumed 100 basis point change in the variable rates would cause our annual interest expense to change by $52.1 million.
+Added: As of June 30, 2020, approximately 59% of our long-term debt was based on fixed rates.
+Added: Based on our borrowings as of June 30, 2020, an assumed 100 basis point change in the variable rates would cause our annual interest expense to change by $52.8 million.
In order to mitigate exposure to interest rate fluctuations on the Retail Term Loan, the Company entered into a five year interest rate collar with a notional value of $615.0 million.
5 unchanged sentences
dollar could have materially adverse effects on our results, financial condition and ability to service debt.
−Removed: Based on our balances as of March 31, 2020, an assumed 1% change in the U.S.
+Added: Based on our balances as of June 30, 2020, an assumed 1% change in the U.S.
dollar/Hong Kong dollar exchange rate would cause a foreign currency transaction gain/loss of $27.1 million.
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.