September 8, 2023
Introducing our new certification badge that you’ll be seeing around LinkedIn from now on!
We are delighted to be awarding covenant analysis certifications to the first cohort of students matriculating from Fox Legal Training’s Leveraged Finance Covenant Training course.
As well as 15 hours worth of Continuing Professional Development credit and our own certificate of completion, all graduates of the course can now show off their latest covenant accreditation using our LinkedIn pass badges. Allowing you to park your latest achievement right on your profile.
- The ability to competently analyse their day one position for Capital Structure & Credit Support
- Knowledge of the implications to this position inherent in the Debt & Liens covenants, and potential value leakage from the Restricted Payments & Asset Sales covenants
- Confidence in conducting covenant calculations.
- A solid understanding of Change of Control, Portability, and Transfer Restrictions provisions
- Competence in assessing Economic Terms & Redemption Provisions
- The ability to identify the implications of Defaults, Amendment & Waiver
The importance of these skills cannot be overstated – after a decade of growing incumbent covenant complexity, the market has shifted and now credit analysts and others in the leveraged finance market must be fluent in legalese in order to protect against costly documentation surprises.
- Combine covenant analysis and credit analysis, resulting in better investment decisions
- Understand their covenant analysis service reports, making that resource far more valuable
- Discuss legal provisions with in-house counsel
- Converse competently with outside counsel and financial advisers
Our mission is to demystify covenant analysis, and the course doesn’t end with the final exam – students retain access to the online platform for as long as their firm has an active license, which includes access to biweekly live Zoom Q&As, our community, and quarterly in-person events.
If you haven’t seen our first-of-its-kind online covenant education platform, get in touch for a online demo.