04 Jun 2024
Recent Trends in Covenant-Lite Loans
This new practice note discusses recent market trends in publicly filed covenant-lite credit agreements. The data analyzed in this practice note was obtained using Market Standards, Practical Guidance’s searchable database of publicly filed credit agreements and commitment letters.
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Read this practice note providing an overview of the types and purposes of covenants found in credit agreements, along with the process by which loan parties are captured, or not, by those covenants.
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Review this practice note discussing broader market trends and how they have included general covenants and financial covenants in credit agreements.
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