Did you know Covenant Review can revolutionize your private credit strategy?
In the ever-evolving world of private credit, staying ahead can feel like a marathon. But with Covenant…
Sara LawalJanuary 14, 2025
Hertz: Another Instance of Vote Rigging
Hertz: Another Instance of Vote Rigging: Last week, Hertz was in the market with $500…
Mary-Jo MachelDecember 13, 2024
Is Pluralsight the Proverbial “Canary in the Mine” of Liability Management Exercises (“LMEs”) in Private Credit?
The Bottom Line: According to reports in LevFin Insights and the financial press, Vista Equity…
Nora FancsalszkyOctober 30, 2024
Liability Management Transactions: Quarterly Update Through Q1 2024
The Bottom Line: Borrowers and issuers have been engaging in “Liability Management Transactions” with increasing…
Siobhan HodsonApril 19, 2024
Market Alert: Beware the One Page Investment Bank Summary of Flex Terms
Overview In large cap syndicated leveraged loans, there are often changes made to the credit…
Siobhan HodsonMarch 1, 2024
CR TrendLines Topical Report: New-Issue Private Credit Terms Trended Sideways in 2023; Cov-Lite Share Falls
Covenant protections for new-issue private credit loans (PCs) flatlined in 2023 compared with 2022 even…
Siobhan HodsonFebruary 15, 2024
The J. Crew Blocker: Panacea or Red Herring?
The Bottom Line:™ During the syndication of leveraged loans, lenders often ask for the inclusion…
Sara LawalFebruary 8, 2024