Covenant Review

Covenant Trends - 1/29/2024

Distribution of MFN Maturity Carveout Horizons (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 1/22/2024

Percentage of Loans with MFN Carveouts (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 1/15/2024

Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (M&A-Related vs. All Deals) (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 1/8/2024

Average New-Issue Clearing Spreads (Single B) and Covenant Terms for All First-Lien Institutional Loans (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 12/18/2023

Average Total Deleveraging Required To Meet RP Ratio Test (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 12/11/2023

Distribution of MFN Sunset Horizons (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

Covenant Trends - 12/04/2023

Percentage of Loans with Asset Sale Sweep Step-downs (Past performance is no guarantee of future results.) Contact: Steven Millersmiller@covenantreview.com

Covenant Trends - 11/27/2023

Average EBITDA Adjustment Cap for Synergies & Cost Savings (Sponsored vs. Non-Sponsored) (Past performance is no guarantee of future results.) Contact: Steven Millersmiller@covenantreview.com

Covenant Trends - 11/13/2023

Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M) (Past performance is no guarantee of future results.) Contact: Steven Millersmiller@covenantreview.com

Covenant Trends - 11/6/2023

Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments, Sponsored v Non-Sponsored (LTM) (Past performance is no guarantee of future results.) Contact: Steven Millersmiller@covenantreview.com