Covenant trigger: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: The Treasurer, Nov-Dec 2017, p10.) |
imported>Doug Williamson (Classify page.) |
||
| Line 1: | Line 1: | ||
''Documentation risk'' | ''Documentation risk''. | ||
A covenant trigger is an event defined in borrowings documentation, which results in a breach of covenant. | A covenant trigger is an event defined in borrowings documentation, which results in a breach of covenant. | ||
| Line 14: | Line 14: | ||
*[[Ratings trigger]] | *[[Ratings trigger]] | ||
*[[Trigger event]] | *[[Trigger event]] | ||
[[Category:Long_term_funding]] | |||
Latest revision as of 06:26, 29 June 2022
Documentation risk.
A covenant trigger is an event defined in borrowings documentation, which results in a breach of covenant.
Also known as a 'covenant trigger event'.
