All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
LevFinLevFin Leveraged Loans

Fears of PP exodus as amendment round looms

Worry, concern, Latino, LatAm, 575

US private placement market insiders fear a round of early prepayments, as companies look to wriggle out of the straightjackets of financial covenants and issue public market bonds instead. Amendments brokered at the start of the coronavirus pandemic are up for review now, and sources think these talks will involve tough conversations between borrowers and lenders.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree