Benchmark prior transactions, bonds, loans or company profiles using over 300 credit metrics.

Comparables

AI transcripts & instant analysis, making earnings season easier than ever.

Earnings

A full suite of ESG data and analysis. Built for your workflow

Spot undervalued credits and potential future restructurings with our purpose-built tools.

Distressed and Restructuring

We use AI to aggregate newsflow from 2,000 sources, and deliver it to your inbox quicker than anyone else.

News

Full Financial profiles with 3 statements, KPIs, segment splits & credit metrics. All traced to source documents.

Financials

New deal analysis and covenant comparison tools, understand key risks in seconds not days.

Covenants

We've successfully predicted more than 65 price sensitive events - before they happened.

Deal predictions

Say goodbye to CTRL + F with our powerful search. Thousands of documents text searchable for any keyword or phrase.

Search

Track high yield deals from issuance through to maturity, with integrated legal, credit and ESG analysis.

High Yield Bonds

Shine a light on private markets with 9fin's news and legal analysis of syndicated loans

Leveraged Loans

21st century tech and expert analysis to help CLO teams make informed decisions faster.

Structured Credit 

Find information others can't see in one of the fastest growing corners of finance

Private Credit 

Runa Soberg

Today we’re excited to launch the latest addition to the 9fin Legal product offering, our Covenant Pushback Tracker.

With this tool you can easily track and review every material change made during the marketing of European HY sponsor deals in 2021 and 2022.

Our Covenant Pushback Tracker can help you:

Rapidly access an up-to-date and complete data set of successful pushback points

Review what similar terms or baskets received pushback on a covenant-by-covenant basis, for example, two deals removed their Available RP Capacity Amount while three had to tighten it

Explore all of the successful pushback on a specific point, and, with one click, review the actual language that changed, for example, in Arxada where no worse flexibility was removed in the Credit Facilities debt basket

Connect directly with our Covenant Explorer tool where you can see the side-by-side change in the prelim and final OMs.

See some of the analysis drawn from our Covenant Pushback tool where our legal team highlight main areas of pushback. 

Our analysis is focused primarily on sponsor deals as this is where terms tend to be more aggressive - resulting in the most pushback - but we have also included certain non-sponsor deals to the extent we are aware of material pushback. Any questions on specific deals or feedback on the Covenant Pushback Tracker can be sent to team@9fin.com.

🍪 Our Cookies

Introducing 9fin’s Covenant Pushback Tracker

Read all our public content for free

Recently Published

Lenders resist KKR’s co-op ban in Stepstone carve-out financing

9Questions — Ashwin Krishnan, Morgan Stanley — Opportunistic credit finds itself in the LP spotlight

European Distressed Year in Review 2024

Taking the Credit — Highlights of 2024

What are you waiting for?