Latest from Debt Explained
Aggressive Terms in European High Yield 2017
European high-yield documentation continued the trend of erosion of investor covenant protection, increasingly complex ratio definitions and growing flexibility in such ratio calculations.
Cov Lite dominates in 2017
Debt Explained's 2017 Loan Market Review shows that cov lite officially prevailed as the most popular deal type at 52% of European leveraged loans in 2017, up from 37% in 2016.
Debt Explained launches Aggressive Covenant Terms Scoring
Aggressive Covenant Terms Scoring (ACTS) provides a data-driven score of the “standard aggressive terms” of every new European HYB issue
Q1 2018 ACTS Summary out now
Debt Explained launches a new quarterly report focusing on Aggressive Covenant Terms in the High Yield Bond Market. Based upon our exclusive Aggressive Covenant Terms Scores (ACTS), the report drills down into the data on terms.
Ashurst stays on top with Market Maker
Leading international law firm Ashurst has a dedicated high yield team in London. The team prides itself on being able to offer client-led solutions across the range of funding packages. To enable it to stay on top of the market, the firm uses Debt Explained data.