Covenant Trends – 1/28/2019
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller
Distribution of MFN Sunset Horizons Contact: Steven Miller
Average Interest Coverage for Loan Deals Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA Contact: Steven Miller
Average Adjustments for EBITDA Reconciliation, M&A-Driven Loan Deals Contact: Steven Miller
Synergies & Cost Savings EBITDA Addbacks (Capped vs. Uncapped vs. None Allowed) Contact: Steven Miller
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller
Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments Contact: Steven Miller
Average Interest Coverage for Loan Deals Contact: Steven Miller