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The Resurgence of Covenant-Lite Loans and What it Means for Lenders and Borrowers
June 24, 2013
BY RICHARD E. FARLEY
Why are covenant-lite loans becoming increasingly popular and how will this affect lenders and borrowers over time? Leveraged Finance partner Rich Farley discusses the resurgence of covenant-lite loans in the U.S., how banks can protect themselves, “covenant-stripping,” and future predictions for Europe and Asia.
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