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EBITDA Liquidity Capital Markets

Dechert LLP

Navigating the Storm: How Sponsor Guarantees Can Help Your Portfolio Company Through Choppy Waters

Dechert LLP on

As private-equity backed portfolio companies work through the effects of the last several years of economic challenges, including continuing elevated interest rates, they may find themselves in need of covenant relief,...more

White & Case LLP

Miners dig deep to weather the storm

White & Case LLP on

Mining companies entered 2020 in good financial shape and have continued to secure finance despite disruption from COVID-19 - The mining industry has navigated the past nine months in better shape than most sectors, even...more

Proskauer Rose LLP

The Impact of COVID-19 on NAV and Hybrid Credit Facilities

Proskauer Rose LLP on

For private investment funds with limited or no remaining uncalled commitments, net asset value (NAV) and hybrid credit facilities can provide a useful source of liquidity to support underperforming assets or allow funds to...more

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