Company Abc With A Current Debt Rating Of Bbb From Standard Poor S Is Negotiating A New Revolving Credit Agreement W 1 (339.33 KiB) Viewed 90 times
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Company ABC, with a current debt rating of BBB-from Standard & Poor's, is negotiating a new revolving credit agreement with its lenders. The company anticipates closing on a sma acquisition within a year of executing this new agreement and would like maximum flexibility to determine its capital structure. The company is MOST concerned about the lenders' inclusion of a: a. Ratings trigger b. Growth rate covenant c. Change in control covenant d. Limit on internal financing
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