LevFin Lab #10 — Debt Docs Decoded: Covenants, Baskets, Credit Flexibility

It's been a while, but we're back just in time to earn a spot on your summer reading list. Understanding debt documentation is about far more than navigating legal language. It's about identifying where commercial terms are negotiated, how creditors are protected, and how much flexibility borrowers retain throughout the life of a financing. This primer provides a practical roadmap to reading leveraged finance debt documentation and unpacking the covenant package in detail.

LevFin Lab #9 – High Yield Bond Primer - To Bond or Not to Bond

A Practical Guide to How High-Yield Bonds Get Done on the Desk

LevFin Lab #8 – Higher for Longer Meets Higher Volatility: Markets Reset, Pipeline Prepares

Markets remain volatile, yet amid the uncertainty we’ve seen a record-breaking LBO alongside a wave of larger event-driven financings, making this brief market update well worth a closer look.

LevFin Lab Newsletter #7 – An Intro to Credit Analysis

Surviving (and Thriving) in the World of Credit

LevFin Lab #6 – Three Days That Shook Credit Markets, Bankers Catch Their Breath Before the Next Window

As mentioned previously, periods of volatility tend to be the most interesting. Not because of the deals, those usually pause, but because they reveal how macro events ripple through markets and how long it takes for investors to regain the confidence to take on risk again.

LevFin Lab #5 – Tariffs: The Policy Equivalent of a Toggle Switch

Flip the Switch, Move the Spreads

LevFin Lab #9 – High Yield Bond Primer - To Bond or Not to Bond

LevFin Lab Newsletter #7 – An Intro to Credit Analysis

LevFin Lab #4 – The Leveraged Finance Interview Playbook