Regulation puts global banking in peril

Regulation puts global banking in peril

Don’t believe the G20 hype

Navigating Africa’s disparate markets

Navigating Africa’s disparate markets

Simplifying the investment process

Leveraged finance: The threat to corporate America

Leveraged finance: The threat to corporate America

December 2014

Multiples and lack of covenants in the leveraged finance market are firmly in the firing line of US regulators. Sponsors say they can handle the new rules. Banks are already looking for ways round them. But with regulators hell-bent on proving a point in 2015, what will happen when a leading US company struggles, or fails, to refinance a cov-lite loan?


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