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High Yield & Leveraged Loan Covenant Fundamentals: Building Knowledge & Understanding the Basics Series: Session 3

Wednesday 21st June at The Auditorium at Fitch Solutions

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Event Details

Wednesday, June 21st
The Auditorium at Fitch Solutions, 30 N. Colonnade, Canary Wharf, EC14 5GN

Event Details

4:30pm GMT
High Yield and Leveraged Loan Covenants
If you are unable to attend the final session of our three-part High Yield & Leveraged Loan Covenant Fundamentals: Building Knowledge & Understanding the Basics Series, please submit the form opposite.

Session Three:

The Asset Sales, Change of Control and Mergers Covenants 

Session three focuses on the Asset Sales, Change of Control and Mergers covenants, along with a review of typical Call Protection and Transfer provisions, all of which are crucial to understanding value loss, changes to stakeholders and liquidity.

Topics Include

  1. The basics of an Asset Sales covenant and application of proceeds,
  2. The interplay between the Asset Sales covenant and Restricted Payment covenant,
  3. Typical Change of Control triggers,
  4. Standard restrictions on transfers, assignments, and sub-participations.

The presentation will be followed by networking drinks and the opportunity to connect with our lawyers and others within the industry.

If you have any questions, reach out to the events team at events@creditsights.com