Jul 17, 2025 · Funko obtains covenant waivers through Q3 2025, reduces credit facility from $150M to $125M. Company explores refinancing options ahead of 2026 maturity. See details.

Feb 18, 2025 · Subscription credit facilities rely on the obligations of investors to a private investment fund (“ Fund ”) to contribute their capital commitments to the Fund when called. …

Negative covenants are not mere technicalities; they are the unsung pillars of robust lending and loan documentation practices. Learn more.

Structuring and Documentation Concerns A Facility for an open-end Fund should contain a representation, warranty, covenant and an event of default package that is generally …

Navigate to Credit Facilities > Maintenance > Covenant Maintenance > Create Covenant Master Details from the left menu. The Create Covenant Master Details - Covenant Details screen is …

A covenant is a specific term in a credit agreement that requires or restricts certain circumstances or behaviors by a borrower. Learn more!

An overview of covenants (also known as undertakings) found in a facility agreement (also called a loan agreement). It includes information about the purpose of covenants and gives examples …

Net Asset Value Credit Facilities As real estate, buyout, infrastructure, debt, secondary, energy and other closed-end funds mature beyond their investment or commitment periods (the …

Covenant Tracking & Monitoring are important part of managing borrowers financial and reporting documents for loan monitoring. Almost 70% of banks, lenders, credit and debt facility still rely …