Today we’re excited to announce the launch of Covenant Data for loans, the latest addition to our legal offering. Covenant Data reveals the loan covenant terms that have recently cleared the market, giving you the private loan data you need.

Whether you’re in the origination team, an advisory role, or trying to develop a deeper understanding of your portfolio and investment opportunities, Covenant Data for loans can help users gain a competitive advantage through access to private loan intel that’s typically unavailable to non-participants.

This ultimately helps users make more informed decisions with consolidation of bond and loan covenants in one place.

Want to see Covenant Data for loans in action? Sign up for our event to learn all about how our bond and loan covenant repository can help you level up your analysis.

What can you do with Covenant Data for loans?

You can now view over 100 loan data points on a no-names basis and use filters to narrow down your universe, including by deal size and industry. A few examples of this in action:

• See which loans for US borrowers with $500m+ EBITDA include J.Crew, Chewy and Serta blockers
• Identify loans with a 200% available RP basket; then narrow down your list to those where the available RP basket can be first-lien secured
• Check whether the number of loans with portability has increased since last year

Find out more about our Covenant Data feature, which is now our central repository for bond and loan data.

Or check out this short video to see it in action.

How this data helps us help our customers

9fin’s legal team will use Covenant Data for loans to produce in-depth trend reports and more data-driven legal reviews (known as QuickTakes).

You won’t have to search various platforms to conduct your research — with 9fin you can:

• Read legal reviews written by our highly experienced team of lawyers to understand key covenant features
• Access bond and loan deal information in Covenant Data to know what’s market
• Read our in-depth trend reports to get a big-picture understanding of the current landscape

Responsible data handling

It’s important to strike the right balance between sharing intel and respecting the privacy of loan deals. That is why loans are incorporated into our existing covenant data screener with anonymized data.

Deals are also added to the database with a set time lag, so launches can’t be identified from private information.

Thank you to all the 9fin subscribers whose feedback led to the development of this feature.

Get started with Covenant Data for loans now — request a free trial of the 9fin platform here.