Covenant-Lite Loans: Overview | Practical Law

Covenant-Lite Loans: Overview | Practical Law

This Note explains the typical features of covenant-lite loans and examines the benefits and drawbacks of covenant-lite loans for borrowers and lenders.

Covenant-Lite Loans: Overview

Practical Law Practice Note Overview 4-507-4687 (Approx. 17 pages)

Covenant-Lite Loans: Overview

by Thomas de la Bastide, David Tarr and Margot Wagner, Paul, Weiss, Rifkind, Wharton & Garrison LLP
Maintained • USA (National/Federal)
This Note explains the typical features of covenant-lite loans and examines the benefits and drawbacks of covenant-lite loans for borrowers and lenders.