European Leveraged Finance Alert Series: Issue 3, 2019 -
Investors in high yield debt expect protections to be included in documentation in order to prevent bond issuers from taking certain actions that deteriorate credit...more
3/30/2019
/ Acquisitions ,
Bond Issuers ,
Condition Precedent ,
Contract Terms ,
EBITDA ,
EU ,
High Yield Bonds ,
High-Yield Markets ,
Investor Protection ,
Investors ,
Leveraged Debt ,
Leveraged Lending ,
Mergers ,
Restrictive Covenants ,
Stock Purchase Agreement
As the leveraged debt market has matured at pace in the past decade, many are hopeful that it will maintain an upward trajectory, at least in the medium term.
As noted in the report, times have changed, and 2018 has seen a...more
A decade on from the onset of the financial crisis, the leveraged debt landscape is almost unrecognisable and continues to evolve as lenders, borrowers and advisers find new ways to come to market.
In the aftermath of the...more