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Business of Private Credit: Safety, Not Size

Even the best credit managers have loans that go bad. What separates them from everyone else is the history and experience they bring to working these problems out.

THE LEAD | August 5, 2026

Article | Covenant Review

Percentage of loans with asset sale sweep step-downs

August 5, 2026

Article | Covenant Review

Accordion inside maturity

July 30, 2026

Article | Covenant Review

Distribution of accordion F&C tranche EBITDA grower caps (L3M)

July 22, 2026

Article | Covenant Review

Share of New-Issue Institutional Loans with a Pick-Your-Poison Provision

July 15, 2026

Article | Covenant Review

Synergies & Cost Savings EBITDA Addbacks

July 8, 2026

Article | Covenant Review

Percentage of Loans with F&C Tranche Growers

July 1, 2026

Article | Covenant Review

Average minimum day-one capped basket capacity

June 25, 2026

Article | Covenant Review

Distribution of MFN Maturity Carveout Horizons

June 18, 2026

Article | Covenant Review

Synergies & Cost Savings EBITDA Addbacks

June 10, 2026

Article | Covenant Review

Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks

May 26, 2026

Article | Covenant Review

Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA

May 20, 2026

Article | Covenant Review

Percentage of First-Lien Institutional Loans That Cleared with Key Covenant Terms

May 13, 2026

Article | Covenant Review

Percentage of Loans with MFN Carveouts

May 6, 2026

Article | Covenant Review

Percentage of First Lien Loans with Affected Lender Voting Protection

April 29, 2026

Article | Covenant Review

Share of Loans Allowing Uncapped EBITDA Adjustments

April 21, 2026

Article | Covenant Review

Single-B First-Lien Loan Spreads and Covenant Terms

April 14, 2026