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Exploring European Bonds, Loans and Covenants
Akin Gump London-based financial restructuring partner Liz Osborne and finance partners Amy Kennedy and Stephen Peppiatt discuss European bonds, loans and the various flavors of covenants in the current liquidity constrained environment.
Among the topics covered:
- The development of the high-yield bond/leveraged loan market.
- Investment opportunities within existing covenant structures.
- EBITDA and financial ratio flexibility.