Given the volatile economic environment caused by the COVID-19 pandemic, business development companies (“BDCs”) need to proactively manage their loan portfolio companies to mitigate risk and avoid surprises that may arise in...more
5/29/2020
/ Business Development Companies ,
Business Strategies ,
Coronavirus/COVID-19 ,
Default ,
Liens ,
Liquidity ,
Loans ,
Material Adverse Change Clauses (MACs) ,
Mezzanine Lenders ,
Portfolio Companies ,
Risk Mitigation ,
Unsecured Debt ,
Workout Agreements