Financial covenants are key components of modern loan agreements. Their specific terms play a decisive role in determining the stability of a financing arrangement and the risk of a breach of covenant.

In this sequel to the VDT Online Event: ‘Covenants in Loan Agreements – An Introduction’ Charlotte Thesing and Tobias Jaeger, as corporate representatives, together with the experienced solicitor Alisa Kuznetsova, will demonstrate how financial covenants are structured in practice. The focus is on contractual standards (LMA), relevant adjustment mechanisms and typical pitfalls in definition and calculation. Using selected practical examples and calculation exercises, participants will gain an in-depth insight into how financial covenants work and receive valuable guidance on their negotiation and implementation.

You can find the presentation materials for this online event here in the library.

We would like to thank everyone involved for helping to make the events a success, and the participants for their very positive feedback.