Covenant Trends – 3/11/2019
Percentage of Loans with Asset Sales Sweep Stepdown Contact: Steven Miller
Percentage of Loans with Asset Sales Sweep Stepdown Contact: Steven Miller
Average F&C Tranche / Pro Forma EBITDA Contact: Steven Miller
Percentage of Loans with an MFN Sunset Contact: Steven Miller
Average Unadjusted Leverage for M&A-Driven Loan Deals (First Lien vs. Total) Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Accordion Inside Maturity Contact: Steven Miller
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller
Distribution of MFN Sunset Horizons Contact: Steven Miller
Average Interest Coverage for Loan Deals Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller