9fin announces launch of latest enhancements to Covenant Capacity Tool
- Runa Soberg
We’re excited to launch the latest enhancements to 9fin’s Covenant Capacity Tool.
By combining our comprehensive financials database and our AI-powered covenant detection we're able to track a company's current covenant flexibility and compare it with at initial issuance. That means 9fin subscribers can compare any Issuer's ability to incur debt, grant security, make restricted payments or investments on 9fin.com.
With our updated grid view, it’s easier than ever to quickly check an issuer’s overall capacity, with the ability to explore specific baskets in more detail and trace these back to the original source documents.
Covenant Capacity also lets you track a number of other key covenant features, such as caps and time limits on EBITDA adjustments and portability leverage thresholds.