Covenant Trends – 9/9/2019
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA Contact: Steven Miller
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA Contact: Steven Miller
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks 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