Corporate Borrowing & Debt

Initial targets for direct buying include AT&T, UnitedHealth, and Walmart.

When businesses get desperate and covenant violations seem imminent, disputes between lenders and borrowers (and their private equity sponsors) get heated.

Banks are encouraging companies at every level of credit rating to consider issuing bonds now, before economic conditions get worse.

New European Union guidelines instruct banks to consider environmental impacts and climate change when making lending decisions.

The success of a borrower's proposal for a loan waiver or amendment will depend on how easy it is for the lender to say yes.

How Royal Caribbean created a liquidity lifeline despite a ratings downgrade and an uncertain future.

Companies that may require a loan modification in the next few months should be looking, right now, at exactly what covenant relief they will need, and what concessions lenders may demand in exchange.