This chapter explores how the coronavirus pandemic is reshaping corporate liquidity and financial strategies, with a focus on cash retention over debt. The conversation also addresses the future challenges for industries like oil and gas, emphasizing the need for proactive financial restructuring.
Introducing Reorg’s newest podcast: Covenant Conversations! Join hosts Shweta Rao and Peter Washkowitz as they delve into the complex world of covenants -- from global trends to semantic granularities, this wide-ranging podcast will provide listeners with information on covenants they may not even know they need. In this inaugural episode, Peter and Shweta discuss the increasing frequency with which companies are accessing their revolvers in order to preserve liquidity amidst a massive spike in global volatility caused by coronavirus.
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