Covenant Review

Covenant Trends - 7/8/2019

Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller

Transact Documentation Scorecard and the State of Play for Smaller LBO Loans (Part III)

Click here to download full report DOWNLOAD FULL REPORT Underlying the better Documentation Scores among smaller leveraged loans is a series of tighter covenant terms, as we run down in the tables above. What is Documentation Score?Covenant Review’s Documentation Scores express the strength of an instrument’s covenant protections on a number scale running from 1 […]