Perception Versus Reality: Despite the claim that bigger companies are safer investments than smaller ones, the data tells us otherwise.Continue Reading
Approximately 90% of loans underwritten today are considered “covenant-lite”(1). Covenant-lite deals expose the lender to increased risks as the lender has limited protections in place to ensure that their loan repayment is fulfilled and prioritized. This is particularly problematic in a rising or high-rate environment.Continue Reading
