A diamond is forever but a covenant is not as De Beers seeks waiver

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

A diamond is forever but a covenant is not as De Beers seeks waiver

millenniumstardiamond.jpg

The rash of high-profile companies seeking covenant waivers grew again this week as De Beers launched an amendment to skip tests on a $3bn revolver in the first phase of a wider restructuring process.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • European securitization issuance database
  • Daily newsletters across markets and asset classes
  • 1 weekly securitization podcast

Related articles

Gift this article