
Covenants: A Primer on J Crew Blockers and How Issuers Can Circumvent Them (Oct. 6, 2020)
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Covenants: A Primer on J Crew Blockers and How Issuers Can Circumvent Them
This chapter explores the common restrictions on transfers in J-crew blockers and discusses how issuers can bypass them. It also highlights the implications of having a deficient blocker and shares an example of interesting designation provisions for unrestricted subsidiaries.
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