Moody's: Covenant-lite Loans May Default Less Than Traditional Loans | Practical Law

Moody's: Covenant-lite Loans May Default Less Than Traditional Loans | Practical Law

An update on the lower rate of default among covenant-lite loans as compared with traditional loans from 2007 through 2009, as reported in a study released by Moody's Investors Service.

Moody's: Covenant-lite Loans May Default Less Than Traditional Loans

Practical Law Legal Update 0-506-4303 (Approx. 2 pages)

Moody's: Covenant-lite Loans May Default Less Than Traditional Loans

by PLC Finance
Published on 09 Jun 2011 • USA (National/Federal)
An update on the lower rate of default among covenant-lite loans as compared with traditional loans from 2007 through 2009, as reported in a study released by Moody's Investors Service.