Covenant Trends – Distribution of MFN Sunset Length in Q1 2017
Distribution of MFN Sunset Length in Q1 2017
Distribution of MFN Sunset Length in Q1 2017
Average Percentage Adjustments for EBITDA Reconciliation
Average Total Leverage Through F&C for M&A-Related Loans
Average Total Leverage for M&A-Related Loans
Contact: Steven Miller smiller@covenantreview
Average Starter Basket / Equity Contribution to LBO
Contact: Steven Miller smiller@covenantreview
Average Adjustments for PF EBITDA as % of Reported EBITDA M&A Loans Only Contact: Steven Miller smiller@covenantreview
Industry Average: Free & Clear Incremental Tranche / EBITDA (LTM)
Average First Lien Headroom under Accordion Ratio Debt Contact: Steven Miller smiller@covenantreview