Rewinding the Clock: The Impact of Changes to GAAP on Leveraged Loan Covenants | Practical Law

Rewinding the Clock: The Impact of Changes to GAAP on Leveraged Loan Covenants | Practical Law

A discussion of how recent changes to generally accepted accounting principles affect acquisition loan agreements.

Rewinding the Clock: The Impact of Changes to GAAP on Leveraged Loan Covenants

by Pierre Maugüé, Debevoise & Plimpton LLP. The author would like to thank Jillian Griffiths and Jason Waldie from PricewaterhouseCoopers for their helpful comments and suggestions on earlier drafts of this article.
Published on 04 Feb 2010 • USA (National/Federal)
A discussion of how recent changes to generally accepted accounting principles affect acquisition loan agreements.