Incurrence Covenants

Additional contractual clauses where borrowers may only take a specific action (such as incurring debt, paying dividends or making certain investments) if, at the time the action is taken and pro forma for its occurrence, the issuer meets the test prescribed in that covenant.

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Leverest is a tech-enabled debt advisory platform connecting investors, lenders and advisors thereby facilitating the debt financing process and digitizing investment banking services. As a marketplace for leveraged finance, Leverest blends market-leading debt expertise with digital tools along the debt process achieving superior financing outcomes and a best-in-class debt process with increased transparency for all parties involved.