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Posts by Covenant Review

Average Minimum Day-One Capped Basket Capacity, YoY

By Covenant Review | February 26, 2025

(Past performance is no guarantee of future results.)

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Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter

By Covenant Review | February 18, 2025

(Past performance is no guarantee of future results.)

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EBITDA Add-Back Time Horizons for Synergies & Cost Savings

By Covenant Review | February 12, 2025

(Past performance is no guarantee of future results.)

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Share of Loans with Uncapped Synergy & Cost-Savings Add-Backs

By Covenant Review | February 4, 2025

(Past performance is no guarantee of future results.)

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Percentage of First Lien Loans with Affected Lender Voting Protection

By Covenant Review | January 29, 2025

(Past performance is no guarantee of future results.)

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Percentage of Loans with MFN Carveouts

By Covenant Review | January 22, 2025

(Past performance is no guarantee of future results.)

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Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (M&A-Related vs. All Deals)

By Covenant Review | January 15, 2025

(Past performance is no guarantee of future results.)

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Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments, Sponsored vs. Non-Sponsored (LTM)

By Covenant Review | January 8, 2025

(Past performance is no guarantee of future results.)

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New-Issue Single-B Loan Spreads and Covenants

By Covenant Review | December 18, 2024

(Past performance is no guarantee of future results.)

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Distribution of MFN Sunset Horizons

By Covenant Review | December 11, 2024

(Past performance is no guarantee of future results.)

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