On the proliferation of cov-lite loans
Leverage levels are creeping up to 2007 levels, but this time around there’s an added factor – the continued loosening of covenants. Should lenders be worried?
13 September 2017•5 mins read
Leverage levels are creeping up to 2007 levels, but this time around there’s an added factor – the continued loosening of covenants. Should lenders be worried?
