Got Covenants? Over half of all outstanding leveraged loans have no maintenance covenants, affording significant protection to those issuers in a downturn. Source: S&P Capital IQ LCD You may also likeCovenant Trends – 7/29/2019Private Debt Intelligence – 7/5/2021Debtwire Middle-Market – 12/11/2023Lead Left Interview – Marc Daniel (Part 2)Select Deals in the Market – 7/18/2016...