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ARTICLE · 14 OCTOBER 2021

Structuring Covenants In Leveraged Financing And High-Yield Bonds

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The panel discussed various covenants, including builder baskets, debt provisions, equity cures and other key issues.

United StatesFinance and Banking
A&O Shearman
A&O Shearman
Michael Steinberg
Michael Steinberg
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Shearman & Sterling partners Maura O'Sullivan and Michael Steinberg (both New York-Finance) conducted a CLE course for Strafford titled, "Structuring Covenants in Leveraged Financing and High-Yield Bonds," which examined the current market terms and conditions for leveraged loans and high-yield bonds and characteristics common to each type of financing. The panel discussed various covenants, including builder baskets, debt provisions, equity cures and other key issues.

Watch the full course, "Structuring Covenants in Leveraged Financing and High-Yield Bonds."

(Purchase required)

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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