1
Type
Speaker
CPD Hours Level
Seminar 3 IntroductionInformation
Accreditation Information
SRA Competency B

Introduction

This introductory course will explore the different kinds of financial covenants and their purpose and well as how financial covenants are tested.

The reasons for using financial covenants and their impact on a borrower's business will also be covered.

What You Will Learn

This course will cover the following:

Part 1 - Reasons for including financial covenants

  • The value of financial covenants in really knowing a borrower's business
  • Monitoring the financial health of a borrower
  • Monitoring the value of a lender's security package

Part 2 - Different financial covenants

The different financial covenants, their purpose and when they might be used, specifically in relation to:

  • Loan to value
  • Interest cover
  • Debt service cover
  • Leverage
  • Gearing
  • Capital expenditure

Part 3 - Testing financial covenants

  • Provision of financial information
  • Compliance certificates
  • Relevant periods
  • Potential breach
  • Curing a breach

Part 4 - Practical implications

  • Financial reporting
  • Exceptional items
  • Plans for growth

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Seminar | 04.06.2020

London | 2:00pm - 5:15pm


Financial Covenants in Loan Facility Agreements - An Introduction

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Jun
4
2020
London
2:00pm - 5:15pm
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Prices (ex VAT)
Smart
Plan Information
£108
Season
Ticket Information
£120
Standard
£240
Group bookings
Discounts are available for multiple places and if you have 5 or more people interested in this course and would like to discuss holding it in your area or on an in-house basis then please email us at information@mblseminars.com
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