Evolving leveraged loan covenants may pose novel transmission risk

Falk Bräuning, Victoria Ivashina, Jackson Owen and Ali Ozdagli

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: An evolving change affecting the expanding, highly leveraged corporate loan sector may impact how the economy responds to adverse shocks.

Keywords: banking; covenants; finance; leveraged loans (search for similar items in EconPapers)
Date: 2024-08-20
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:98729

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