Covenant Trends – 2/14/2022
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (Past performance is no guarantee of future results.) Contact: Steven Miller
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of Loans with an MFN Sunset (Past performance is no guarantee of future results.) Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of New Issue First Lien Loans that Cleared with a J. Crew Trapdoor (Past performance is no guarantee of future results.) Contact: Steven Miller
Accordion Inside Maturity (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of Deals with 75+ bps MFN (Past performance is no guarantee of future results.) Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of Loans with MFN Carveouts (Past performance is no guarantee of future results.) Contact: Steven Miller
Rolling Tallies of MFN Sunsets (LevFin Insights) (Past performance is no guarantee of future results.) Contact: Steven Miller