What Is a Covenant-Lite Loan? A covenant-lite loan is a type of financing that is issued with fewer restrictions on the borrower and fewer protections for the lender. By contrast, traditional loans ...

LONDON, Nov 9 (Reuters) - European companies are facing a wave of loan covenant breaches and debt restructurings as weak third quarter results, lower growth and fallout from the euro zone crisis take ...

LONDON (Reuters) - Chemicals company Ineos Group said on Wednesday it has secured a majority consent for its loan covenant waiver request, buying it six months to draw a new business plan and reset ...

The search for yield in corporate debt has led to a revival in covenant-lite loans, with Ineos, the largest privately owned company in the UK and the third-largest chemicals company by revenue in the ...