Covenant Trends – 11/2/2020
Initial ECF Sweep Distribution Contact: Steven Miller
Initial ECF Sweep Distribution Contact: Steven Miller
Average Unadjusted Leverage Through F&C for M&A-Driven Loan Deals Contact: Steven Miller
Distribution of MFN Sunset Horizons Contact: Steven Miller
Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M) Contact: Steven Miller
Percentage of PE-Backed Loans with Portability by Quarter: All Deals vs. Dividend Recaps Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Percentage of Loans with F&C Tranche / Pro Forma EBITDA >0.9x (All Deals) Contact: Steven Miller
Percentage of Deals with 75+ bps MFN Contact: Steven Miller
Average Unadjusted Leverage for M&A-Driven Loan Deals Contact: Steven Miller
Average Adjusted Leverage for M&A-Driven Loan Deals Contact: Steven Miller