What Is a Covenant-Lite Loan? A covenant-lite loan is a type of financing that is issued with fewer restrictions on the borrower and fewer protections for the lender. By contrast, traditional loans ...

Do you know or understand the difference between a contract and a covenant? A contract is simply a written (or spoken) agreement intended to be enforceable by law between two parties or entities. It ...

As the private credit industry has relentlessly expanded and the capital available for deployment by private credit asset managers has rapidly grown, those investing at the top end of the market have ...