Importance of Most Favored Nation Protection in Bank Debt and Other Considerations in Primary Market Analysis

On this week’s podcast we replay our Covenants 101 webinar where Peter Washkowitz, head of our Americas Covenants team, discussed redemptions and the primary market as well as call protection, Dutch auctions and open market purchases of term loans, make whole payments, equity clawbacks and redemptions of high-yield bonds, change of control under bank debt and bonds and Covenant analysis for primary investors. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial