Search

EBITDA Cure

A clause in a loan agreement that allows the borrower’s shareholders to inject additional equity into the borrower to “cure” a breach of e.g. a net leverage covenant.

The glossary is provided to you solely for your information. Comments or statements made by Leverest, expressed or implied, do not constitute a guarantee of any kind. No reader may rely upon Leverest with respect to the accuracy or completeness of the glossary information.

Other Terms

About Leverest

Leverest is a fintech-platform designed to facilitate financing transactions by applying advanced technology. Coming from the industry, we thrive in connecting borrowers (companies & private equity investors) and their advisors with the right lending partners, thus providing a best-in-class financing experience by applying advanced technology and facilitating to superior financing outcomes.