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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• Finance Fundamentals Resource Kit
  Check out this resource kit providing an overview of a financing transaction. This broad index encompasses all aspects of the financing, from the negotiation of commitment papers to the documentation of the loan documents to closing and post-closing mechanics.

• Affirmative, Negative, and Financial Covenants
  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.

• Recent Trends in Covenant Obligations
  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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