Journal Article

Banking Trends: Measuring Cov-Lite Right


Abstract: More business loans today lack traditional covenants governing borrowers. Does that leave banks with fewer tools to ward off default?

Keywords: banks; business loans; banking;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Economic Insights

Publication Date: 2018-07

Volume: 3

Issue: 3

Pages: 1-8