Posts by Covenant Review

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

RP Builder Basket By Type & Rating

Contact: Steven Miller smiller@covenantreview.com

Percentage of Loans with an MFN Sunset

Percentage of Loans that Cleared the Market with Uncapped Synergies and Cost Savings EBITDA Addback

Average Free-and-Clear Tranche as a Multiple of PF EBITDA

Average Total Leverage (Adjusted vs. Nonadjusted EBITDA)

Contact: Steven Miller smiller@covenantreview.com