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The AI Powered Financial Data Platform For #LevFin. FREE trial 👉 https://t.co/tGWLVth22W. FREE newsletter 👉 https://t.co/jFSsscDQ9x #HighYield #Distressed #LevLoans
Mar 15, 2021 • 8 tweets • 2 min read
👇 #Foncia covenants are pretty grim 🤮 ... maybe even worse than #Ahlstrom... just a few examples of things you can do under the docs below... Message us for our full Legals QuickTake! #LevFin #HighYield 💸 Make Restricted Payments (dividends or investments capacity) while in Default or Event of Default, with no requirement to meet the most basic financial health test of 2.0x interest cover 🤷‍♂️