So much that was disturbing about the news last week. Social media was abuzz with opinions flying on both sides. Twitter was filled with long-submerged memories of crazy times hanging out at...everyone’s favorite orange-and-red java shops.
f June 2,
This Week’s Question
Direct lenders: Which covenant erosion concerns you most?
*All responses are confidential.
Extended due date delivery of financials
Limitations to ongoing security and guaranty provisions
Early sunset of ‘most-favored nation’ provisions
Weakened incremental debt facility provisions