Financial covenants are key components of modern loan agreements. Their specific form is decisive for the stability of financing and the risk of a covenant breach.

In this sequel to theVDT online event "Covenants in loan agreements - an introduction" Charlotte Thesing and Tobias Jaeger as corporate representatives, together with experienced lawyer Alisa Kuznetsova, show how financial covenants are structured in practice. The focus will be on contractual standards (LMA), relevant levers and typical pitfalls in definition and calculation. Using selected practical and calculation examples, participants will gain an in-depth insight into how financial covenants work and valuable tips for negotiating and implementing them.

The presentation documents for this online event can be found here in the library.

We would like to thank all those involved for the successful realisation of the events and the participants for their very positive feedback.