Webinar replay — Covenants series Part 4 — Where did the crown jewels go? — The asset sale covenant
- 9fin team
The full replay of our webinar ‘Where did the crown jewels go? — The asset sale covenant’ is now available. Scroll down to access the recording.
If you missed parts 1, 2 or 3 you can catch up here:
- Part 1 — Junk debt — Good thing I have all these protections, right?
- Part 2 — Prime prevention — The debt and the liens covenant
- Part 3 — Only spend money on these 45 things — The restricted payments covenant
In this fourth part of our five-part series, our senior legal consultants Chris Osborne, Rebecca Davies and senior covenant lawyer Ted Pilkati walked through the asset sale covenants and other less discussed covenants.
They covered what constitutes an asset sale and what options a company has on how to use those proceeds.
They also give a brief overview of some of the other less negotiated covenants but which are still critical for understanding how a whole covenant package fits together.