Financial Covenants in Loan Facility Agreements - An Introduction 2024 | MBL Seminars | 18 January 2024 | Webinar
Venue
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| Event Date |
Fri Jan 19 UTC (11 months ago)
In your timezone (EST): Thu Jan 18 7:00pm - Thu Jan 18 7:00pm |
| Location | Webinar |
| Region | All |
Details
This live broadcast session will provide an introduction to the different kinds of financial covenants and their purpose and well as how financial covenants are tested under English loan agreements (and LMA documentation in particular) . The reasons for using financial covenants and their impact on a borrower's business will also be covered.
This live and interactive broadcast will cover the following:
• The value of financial covenants in really knowing a borrower's business
• Monitoring the financial health of a borrower
• Monitoring the value of a lender's security package
• Loan to value
• Interest cover
• Debt service cover
• Leverage
• Gearing
• Capital expenditure
• Provision of financial information
• Compliance certificates
• Relevant periods
• Potential breach
• Curing a breach
• Financial reporting
• Exceptional items
• Plans for growth
Speakers
2024 Speakers
Lynn Cantwell
Partner, Gunnercooke llp