Publications & Events

Covenant Lite: The Rise Of A Fallen Angel (Part 2)

As part of the White & Case "Risk In A Recovering Market" autumn seminar series on 6 November 2014, Stephen Mostyn-Williams, Chairman and founder of DebtXplained collaborated with White & Case bank finance partners, Jake Mincemoyer, Justin Wagstaff and Lee Cullinane, in a discussion on the various issues that may arise when structuring, negotiating and investing in covenant-lite leveraged loans in both the US and European market.

  • Most Favoured Nation
  • Controlling The Debt Burden – The Ratio Debt Basket
  • Controlling The Debt Burden – "Free And Clear" And "Sidecar" Baskets
  • "Grower" Baskets
  • Summary


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