Credit Agreement Amendments
November 8th, 2023
We are seeing many credit agreements being amended within today’s market. Most of these amendments are centered around the rising interest rates in the economy and macroeconomic changes. While many amendments in the recent market have been focused on lender-friendly changes (such as higher interest rate adjustments), there have been many covenant relief amendments provided to borrowers as well. Learn more about different types of amendments here. For further questions, reach out to Mehak Rashid.