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COVENANT LITE LOANS
Red flags against $1 trillion boom in ‘Leveraged Loans’Major investors are also starting to warn about the lending products and their associated weak lending standards.
19 Oct, 2018, 09.54 AM IST
What is covenant-lite loan?It is a type of loan whereby financing is given with limited restrictions on the debtservice capabilities of the borrower.
15 Feb, 2017, 04.16 PM IST
- E firms cash in on easy loans, raise risk for creditors: Moody's
Easy access to cheap money is helping pvt equity firms capitalize on their investments even in speculative-grade cos but investors in such ...
28 Nov, 2012, 12.49 AM IST
- Hedge funds see more credit slump
The worldwide slump in credit markets is likely to last for at least another year, triggering a reduction in leveraged buyouts.
30 Nov, 2007, 12.05 AM IST
- Lenders curb private equity ambitions
Private equity firms eyeing jumbo acquisitions in Asia are facing more demanding terms from their lenders, but fierce competition among ban...
14 Jul, 2007, 02.29 AM IST
- Junk bonds may repeat 2002 crash on LBO credits
Never have so many made so much money from junk bonds, and that worries Dan Fuss.Mr Fuss, whose $10.7 billion
17 May, 2007, 03.50 AM IST