Thanks for stopping by. We appreciate your time. Let us know if you have a project we can help you with.

Home / / Ebitda Loan Agreement

Ebitda Loan Agreement

NEW YORK, March 17 (LPC) – As the rapidly spreading coronavirus decommissions operations around the world, companies are reviewing their credit agreements for possible facilities to avoid default as they prepare for a possible sharp drop in profits. “This is something that borrowers need to think about for next year to navigate through their credit agreements,” he said. (reports by Kristen Haunss; Writing by Michelle Sierra) The majority of U.S. leverage loans lack a comprehensive set of lender protection, known as Covenants. If companies are forced to use their revolving credit lines for liquidity, they could trigger spring anticipation tests based on a measure of EBITDA that could be negatively affected by the coronavirus.

Posted in Uncategorized by .