Covenant Trends – 1/13/2020
Synergies & Cost Savings EBITDA Addbacks (Capped vs. Uncapped vs. None Allowed) Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks (Capped vs. Uncapped vs. None Allowed) Contact: Steven Miller
Average EBITDA Adjustment Cap for Synergies & Cost Savings Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Average Unadjusted Leverage Through F&C for M&A-Driven Loan Deals Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity Contact: Steven Miller
Initial ECF Sweep Distribution Contact: Steven Miller
Average Adjustments for EBITDA Reconciliation, M&A-Driven Loan Deals Contact: Steven Miller