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Covenants: Recent Covenant Pushback Items in High Yield (July 21, 2020)

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Exploring Recent Covenant Pushback Items in High Yield Bonds

Exploring the impact of covenant pushback items in high yield bonds, including discussions on dividend capacity, asset transfers, J-crew blockers, and changes in European bond dynamics. Insights provided on the proliferation of J-crew blockers in various companies and the implications of private equity involvement in bond issuances.

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