Covenant Trends – 7/29/2019
Percentage of Deals with an EBITDA Cap (LTM June 2019) Contact: Steven Miller
Percentage of Deals with an EBITDA Cap (LTM June 2019) Contact: Steven Miller
Percentage of Loans with F&C Tranche Growers Contact: Steven Miller
Percentage of Loans with F&C Tranche / Pro Forma EBITDA >0.9x Contact: Steven Miller
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller
Distribution of Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, YoY Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Average EBITDA Adjustment Cap for Synergies & Cost Savings Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller