About this webinar:
Has the percentage of cov-lite and cov-loose leveraged loans increased or decreased over the past five years? How prevalent are amend-to-extend clauses? How severely restricted are loan transfers? Based on our analysis of 130 LSTA-style leveraged loan documents and over 200 CLO OMs, the answers may surprise you.
With an increased likelihood of defaults due to the upcoming recession and the aftermath of the market dislocation caused by COVID-19, it’s proving more critical than ever for lenders to perform an in-depth review of their leveraged loans portfolio.