In the First Session of the 114th General Assembly, Tennessee legislators passed laws promoting economic development across the state and modernizing regulatory oversight of local governments engaging in different types of...more
The coronavirus pandemic has had an unprecedented impact on many businesses, including those with outstanding high yield bonds. The incurrence covenant regime (and absence of any maintenance covenants) means that, provided...more
An issuer of high yield bonds is subject to a number of different ongoing reporting obligations, some of which are contractual and some of which are regulatory. As part of the transaction process, issuers should take these...more