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India

Covenant Transportation Group Inc (CVTI.OQ)

CVTI.OQ on NASDAQ Stock Exchange Global Select Market

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Thu, Aug 15 2019

Covenant-loose the new norm in the private debt market

NEW YORK, Aug 15 (LPC) - The private debt market has largely been immune to the covenant-lite trend, but a recent spike in so-called covenant-loose lending suggests funds are finding ways to offer more aggressive terms while sticking to investor demands to maintain certain restrictions on borrowers.

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