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Evolving leveraged loan covenants may pose novel transmission risk


Abstract: An evolving change affecting the expanding, highly leveraged corporate loan sector may impact how the economy responds to adverse shocks.

Keywords: banking; covenants; finance; leveraged loans;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2024/0820
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2024-08-20