Posts Tagged ‘Covenant’
The Case for Covenants (Last of a Series)
“When things are good, people don’t pay attention to covenants, but when things go sour, covenants are their only line…
Read MoreThe Case for Covenants (Part Four)
It’s not surprising so much fuss has been made about the proliferation of cov-lite structures in the leveraged loan market.…
Read MoreThe Case for Covenants (Part Three)
At a recent debt conference we did what most of our direct lending colleagues are doing these days: complain. Speaking with…
Read MoreThe Case for Covenants (Part Two)
An astute Lead Left reader appreciated the first part of our special series on covenants. He alerted us to a…
Read MoreThe Case for Covenants (Part One)
It’s a fact of life in leveraged lending that terms are market-driven. During periods of excess liquidity – when loan…
Read MorePercentage of Loans with an MFN Sunset
Contact: Steven Miller smiller@covenantreview.com
Read MoreCovenants in the Coal Mine (Last of Two Parts)
The onset of renewed market volatility last week reminded credit participants that exogenous events do impact prices and new issuance,…
Read MoreCovenants in the Coal Mine (First of Two Parts)
By the time you read this, the UK will be voting on its long-awaited referendum on whether or not to leave…
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