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Posts by Covenant Review

Synergies & Cost Savings EBITDA Addbacks

By Covenant Review | June 10, 2026
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Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks

By Covenant Review | May 26, 2026
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Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA

By Covenant Review | May 20, 2026
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Percentage of First-Lien Institutional Loans That Cleared with Key Covenant Terms

By Covenant Review | May 13, 2026
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Percentage of Loans with MFN Carveouts

By Covenant Review | May 6, 2026
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Percentage of First Lien Loans with Affected Lender Voting Protection

By Covenant Review | April 29, 2026
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Share of Loans Allowing Uncapped EBITDA Adjustments

By Covenant Review | April 21, 2026

Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments

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Single-B First-Lien Loan Spreads and Covenant Terms

By Covenant Review | April 14, 2026
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Distribution of MFN Sunset Horizons

By Covenant Review | April 8, 2026
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Percentage of Loans with Asset Sale Sweep Step-downs

By Covenant Review | April 1, 2026
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