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Articles

Pay Attention to Debt Covenants or Suffer the Consequences

  • By Jeff Wallace and Jim Simpson
  • Published: 9/10/2014

When a company negotiates a new debt agreement, achieving a realistic covenant package that it can comply with for the term of the debt is just as important as the deal’s amount and rate. Minimizing the risks of covenant breaches, and their consequences, requires an understanding of ho ...

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