Fri 07/29/2022 05:01 AM
- Economic uncertainty adversely and severely impacted leveraged loan deal volumes in the first half of 2022;
- Impact was reflected in documentation; investors held firm against previously identified aggressive borrower innovations, while new innovations coming to market were relatively limited;
- Nevertheless, covenant terms remain loose overall; borrowers
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2022 Reorg Research, Inc. All rights reserved.