Covenant-lite - Revision history

imported>Doug Williamson: Classify page.

2022-06-29T06:26:03Z

Classify page.

← Older revision		Revision as of 06:26, 29 June 2022
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	*[[Maintenance covenant]]		*[[Maintenance covenant]]
	*[[Springing covenant]]		*[[Springing covenant]]

			[[Category:Financial_products_and_markets]]

imported>Doug Williamson: Update.

2016-12-13T07:37:23Z

Update.

← Older revision		Revision as of 07:37, 13 December 2016
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	''Long term funding''.		''Long term funding''

	'Covenant-lite' describes loan agreements which have relatively fewer and less onerous ('lite') covenants, typically to conform to other loans of the same borrower.		'Covenant-lite' describes loan agreements which have relatively fewer and less onerous ('lite') covenants, typically to conform to other loans of the same borrower.

			Sometimes shortened to ''cov-lite''.

imported>Doug Williamson: Expand.

2016-07-19T14:59:23Z

Expand.

← Older revision		Revision as of 14:59, 19 July 2016
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	The origin of 'lite' is an intentional mis-spelling of 'light', used to describe ~~low~~-alcohol beers.		The origin of 'lite' is an intentional mis-spelling of 'light', used to describe lower-alcohol beers.

imported>Doug Williamson: Create the page. Source: The Treasurer, July 2016, p17.

2016-07-19T14:58:44Z

Create the page. Source: The Treasurer, July 2016, p17.

New page

''Long term funding''.

'Covenant-lite' describes loan agreements which have relatively fewer and less onerous ('lite') covenants, typically to conform to other loans of the same borrower.

The origin of 'lite' is an intentional mis-spelling of 'light', used to describe low-alcohol beers.

== See also ==
*[[Covenant]]
*[[Incurrence covenant]]
*[[Maintenance covenant]]
*[[Springing covenant]]