Sentences with phrase «when debt covenants»
With bonds, it is a little easier, because you can tell when debt covenants, etc., and other terms of lending weaken.
http://alephblog.com/ Not exact matches
During fiscal 2009, the Company was faced with a de-listing warning from the New York Stock Exchange which was only overcome due to a favorable change in requirements, and was forced to renegotiate its revolving credit agreement at less favorable terms when it appeared the Company would likely violate its debt covenants.
Some firms are forced to file for bankruptcy when they trip a debt covenant.