Covenant Trends – 2/18/2019
Average Unadjusted Leverage for M&A-Driven Loan Deals (First Lien vs. Total) Contact: Steven Miller
Average Unadjusted Leverage for M&A-Driven Loan Deals (First Lien vs. Total) Contact: Steven Miller
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Accordion Inside Maturity 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