Covenants 101: Decoding Bond and Loan Covenants

This webinar, led by Covenant Review’s Head of High Yield Research, Scott Josefsberg, and Senior Loan Covenant Analyst, Ian Feng, provided an overview of bond and loan covenants, with a focus on practical understanding and analysis, and differences between the asset classes.

• The fundamentals of covenant protections for both bonds and loans in the North America debt market.

• Typical differences between high yield bonds and leveraged loans, understanding their implications for investors and issuers alike.

• An overview of the mechanics of covenants, learning how they function to protect stakeholders and influence borrower behavior.

This event aimed to equip financial professionals and market participants with the knowledge needed to maintain investor confidence and ensure robust risk management practices in today’s dynamic financial environment.

You can view the presentation slides here.