Cov-lite loans are back!

Lyondell Chemical issued the fist covenant-lite loan since the financial crisis subsided. Paddy Hirsch explains what a cov-lite loan is, and why their return could be bad for the economy. #MarketplaceAPM #EconomicExplainers
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[@luporium77]

you're a really great teacher! the best! ;)

[@Rook1515]

Thanks Paddy!

[@dimitrious19]

amazing do you know any good e- investing ? thanks

[@drmkkk]

The return of this type of loans indicates a recovering economy with less pre-condition required to access liquidity.

[@0musing]

I have become a drunkard after watching these videos :) Oh!! Will we never learn? Reflating a sagging balloon is an exercise in futility...