In this report, Global Covenants by Reorg discusses the rise of the cooperation agreement as a defense against liability management in 2024.
In this article, written by Peter Washkowitz, Head of Americas Covenants at Reorg, will provide a general overview of these revisions in order to understand where investors have focused their attention when given the opportunity to craft more lender-friendly credit agreements....
Peter Washkowitz, head of Americas Covenants by Reorg, recently hosted a webinar discussing the continued evaporation of lender protections and the expansion of borrower flexibility in the leveraged loan market in 2021. During the webinar, Washkowitz highlighted potential emerging trends and held a Q&A session.   WATCH THE REPLAY...
While wreaking havoc in many corners of the global economy, changes in consumer behavior stemming from the Covid-19 pandemic have also created some winners, at least temporarily, with companies launching initial public offerings, or IPOs, at a record pace. In 2020, 480 companies went public through an IPO (more than double the 235 companies that...

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