Covenant Review

Covenant Trends - 10/16/2023

Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 10/9/2023

Percentage of New Issue First Lien Loans that Cleared with a J. Crew Trapdoor (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 10/2/2023

Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 9/18/2023

Percentage of First Lien Loans with Affected Lender Voting Protection (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 9/4/2023

Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 8/14/2023

Synergies & Cost Savings EBITDA Addbacks (Capped vs. Uncapped vs. None Allowed) (Past performance is no guarantee of future results.) Contact: Steven Miller

Covenant Trends - 8/7/2023

Average Minimum Day-One Capped Basket Capacity, YoY (Past performance is no guarantee of future results.) Contact: Steven Miller