Covenant-Lite Loans: Recent Trends for U.S. Middle Markets and European Markets
Analyzing Elements of Cov-Lite Loans for Borrowers and Lenders
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide banking and commercial finance counsel with an analysis of covenant-lite loans, typical provisions, key elements, how they compare to earlier terms, as well as market trends for U.S. middle market deals and European deals.
- Analysis of current market conditions favoring covenant-lite loans
- Elements of covenant-lite loans in 2014
- Covenant-lite terms for U.S. middle markets
- Covenant-lite loans in the European leveraged loan market
The panel will review these and other key questions:
- How do current cov-lite terms differ from those in past years?
- What elements of cov-lite loans have emerged in middle market transactions?
- What elements of cov-lite loans are emerging in the European leveraged loan market?
Stephanie S. McCann
McDermott Will & Emery
Ms. McCann focuses her practice on debt financing transactions. She represents private equity groups, commercial... | Read More
Ms. McCann focuses her practice on debt financing transactions. She represents private equity groups, commercial lending institutions and other private and public companies in connection with the negotiation, structuring and documentation of secured and unsecured financing transactions for both borrowers and lenders, including senior, mezzanine and subordinated debt transactions, acquisition financings, and in-court and out-of-court restructurings of credit facilities.Close
George M. Houhanisin
McDermott Will & Emery
Mr. Houhanisin focuses his practice on corporate finance, corporate restructurings, and general commercial... | Read More
Mr. Houhanisin focuses his practice on corporate finance, corporate restructurings, and general commercial transactions. He has represented private and public companies as well as financial institutions in connection with syndicated secured and unsecured credit facilities, asset-based lending, acquisition financings, recapitalizations, bridge financings, senior subordinated debt, and mezzanine transactions for sponsored acquisitions, leveraged buyouts, refinancings, and general corporate purposes.Close