Attorneys Seeing Loan Buyer Blacklists

Sheahan, Matthew
January 2007
Investment Dealers' Digest;1/22/2007, Vol. 73 Issue 3, p6
Trade Publication
The article reports that debt investors who support the enforcement of covenant rights or who are more activist in their investments may find themselves blacklisted from bank loan deals, according to lawyers who are familiar with the leveraged finance markets. The blacklists are the result of the dual phenomenon of private equity company ownership and increasing hedge fund activism. The article defines blacklists as side agreements between a company issuing loans and its agents.


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