Lale Topcuoglu
Head of Credit at JO Hambro Capital Management
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May 26, 2020 • 20min
Covenants: The Fiction and Challenges of EBITDA Add-Backs (May 26, 2020)
Exploring EBITDA add-back challenges in a declining credit market, impact of 'fictional' numbers on investors, Covid-19 EBITDA adjustments, market information asymmetries creating disparities.
