Octus Radio Covenants: Recent Covenant Pushback Items in High Yield (July 21, 2020)
Jul 21, 2020
The podcast discusses recent covenant pushback items in high-yield market, focusing on value leakage prevention, secured debt capacity adjustments, and investor scrutiny on dividends from asset sales. Case studies include GameNet, Tissen Group Elevator, Clayton W. N. Rice Own Company, and Husky International, highlighting trends in investor pushback and changes in high-yield transactions.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Exploring Recent Covenant Changes in High-Yield Transactions
03:01 • 3min
Exploring Recent Covenant Pushback Items in High Yield Bonds
06:03 • 4min
Exploring Recent Flexibilities in High Yield Bond Covenants
09:34 • 2min
Evolution of Covenant Transactions in High-Yield Market
11:30 • 3min