Wednesday, June 21st at 4pm GMT
High Yield & Leveraged Loan Covenant Fundamentals: Building Knowledge & Understanding the Basics Series
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Event Details
Wednesday, June 21st
TBD
Event Details
4pm GMT
High Yield and Leveraged Loan Covenants
Join Covenant Review lawyers for their three-part High Yield and Leveraged Loan Covenant Fundamentals: Building Knowledge and Understanding the Basics Series.
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
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The basics of an Asset Sales covenant and application of proceeds,
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The interplay between the Asset Sales covenant and Restricted Payment covenant,
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Typical Change of Control triggers,
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Standard restrictions on transfers, assignments, and sub-participations.
If you have any questions, reach out to the events team at events@creditsights.com.