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Weaker covenants raise big concerns in loan deals


Money management executives around the globe are becoming increasingly concerned over aggressive terms and the proliferation of weaker covenants within the popular leveraged loans asset class. 

 

Analysis by leveraged finance data firm Debt Explained, London, found the leveraged loan market in 2017 was dominated by so-called covenant-light terms, with less restrictive terms on these deals. 

 

Read the full article here 

 

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