Mydentist HY counsel defends portability clause.

• Autores: Tom Young
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 34 (8/29/2016), 2016, págs. 6-6
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that issuers' counsel on the £425 million bond have justified its new portability clause in 2016 after criticisms surrounding debt tests. Topics covered include investors being urged by credit research Covenant Review to strongly resist the deal which was finalized on August 5, 2016 and the expanded portability clause allowing for gamesmanship and portability in the issuer.