Chris Osborne
Senior legal consultant who co-authored 9fin’s European High Yield Bonds Covenants Report with Alice Holian
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Mar 14, 2024 • 21min
The best and worst of high yield bond covenants
European bond investors face threats to restricted payment builder baskets but are better protected against being J.Screwed. Insights from 9fin's report on high yield bond covenants are discussed. Topics include EBITDA addbacks, J. Crew blockers, portability, and refinancing trends.
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