Covenant Scorecards

What the documents let each borrower do, and what it did

Each scorecard lines up the key provisions before the deal against what actually happened, with our read for creditors. Red and amber dots flag terms that worked against creditors, and grey dots mark terms where the documents are not public. Sources are at the foot of every card. Click a card to open it full size.

Aston Martin

Published with our 7 October case study · Read the case study

Covenant scorecard for Aston Martin

Arxada

Published with our 5 October case study · Read the case study

Covenant scorecard for Arxada

Altice International

Published with our 3 October case study · Read the case study

Covenant scorecard for Altice International

Merlin Entertainments

Published with our 3 October case study · Read the case study

Covenant scorecard for Merlin Entertainments

airBaltic

Published with our 2 October case study · Read the case study

Covenant scorecard for airBaltic