Viewpoints from Bain Capital Credit
A leading global credit specialist, combining industry-specific micro and macro trend research with rigorous, bottom-up security analysis
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The growth in covenant-light loans: why history likely won't repeat itself in the next credit cycle
The number of cov-lite loans has grown significantly since the 2008 global financial crisis. But the evolving market doesn’t necessarily mean investors have less to worry about in the next downturn. We break down the implications.
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