What Is a Covenant-Lite Loan? A covenant-lite loan is a type of financing that is issued with fewer restrictions on the borrower and fewer protections for the lender. By contrast, traditional loans ...

Covenant-lite loans have returned with gusto this year. Covenant-lite loan volume has nearly doubled in 2013 at about $163.6 billion in the year to date, according to Standard & Poor’s Leveraged ...

Talk to a bubblista for more than about five minutes, and you’re bound to hear the phrase “cov-lite” come up in conversation. The argument goes something like this: during the last credit bubble, we ...

The value of covenant-lite loans—those with weak to no investor protections—issued to highly indebted European companies more than doubled last year, according to new market data. Covenants are terms ...

NEW YORK, March 10 (RLPC) - During the last credit crunch, covenant-lite loans did not lead to "disastrous losses for investors," but in a deeper, more prolonged downturn, junior debt holders could ...

SOMETIMES THINGS JUST don’t seem quite right. “One good thing about the rapid growth of covenant-lite leveraged loans is that even if things go wrong these loans are not going to fall over for a long ...

The US$315m covenant-lite leveraged buyout loan supporting private equity firm Hellman & Friedman’s acquisition of SnapAV was a tricky deal and still scored an execution that put it among the most ...

The search for yield in corporate debt has led to a revival in covenant-lite loans, with Ineos, the largest privately owned company in the UK and the third-largest chemicals company by revenue in the ...