Tag

complex credit

2 insights

Three columns comparing covenant runway granted in 2026 amendments by three United States public companies: about five months for an automotive retailer, twenty-four months for an energy services company, and thirty-five months for a specialty chemicals company.

Relief Was Granted Every Time. It Ran Five Months, or Thirty-Five.

Three United States public companies disclosed covenant amendments in 2026. Every creditor group said yes. One got a conditional bridge of a few months, another two years, a third nearly three. The breach severity is not what separated them.

Capital Markets & Trends Borrower Advisory

Stepped line chart of open workstreams by elapsed week for two structurings begun the same day: a $5 million receivables facility starting with three workstreams and closing in six weeks, and a $30 million mixed-collateral facility starting with eleven and closing in eighteen.

Six Weeks or Eighteen Weeks. Same Start Date.

Two principals began structuring on the same Monday. A $5 million facility against receivables closed in six weeks. A $30 million facility against mixed collateral took eighteen. Where the twelve extra weeks actually go.

Business Case & ROI Borrower Advisory

Working through a financing decision?

Insights are a starting point. A conversation maps your actual options.

Tell us what you are financing and we will map the structures and sources that fit.

Submit your financing request →

Explore our financing solutions

Equipment Financing Working Capital Asset-Based Lending Strategic Debt