Covenant Trends – 10/12/2020
Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M) Contact: Steven Miller
Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M) Contact: Steven Miller
Percentage of PE-Backed Loans with Portability by Quarter: All Deals vs. Dividend Recaps Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Percentage of Loans with F&C Tranche / Pro Forma EBITDA >0.9x (All Deals) Contact: Steven Miller
Percentage of Deals with 75+ bps MFN Contact: Steven Miller
Average Unadjusted Leverage for M&A-Driven Loan Deals Contact: Steven Miller
Average Adjusted Leverage for M&A-Driven Loan Deals Contact: Steven Miller
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (M&A-Related) Contact: Steven Miller
Accordion Inside Maturity Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller