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Negotiating Financial Covenants, EBITDA Addbacks, and Equity Cures: A Borrower's Guide
By Trenton Roberts and Natalie Voels. How borrowers can negotiate financial covenants: the debt and EBITDA definitions behind the ratio, caps on synergy addbacks, springing tests, and equity cure rights that work.
Trenton Roberts
Oct 267 min read
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