Debt covenants on Bloomberg
Hi, can you find the debt covenant information on the Bloomberg terminal? How robust is the data usually?
Trending Content - Hedge Fund Forum
| +21 | 3x SWE FAANG Intern -> Fundamental Analyst @ HF | 11 | 12h |
| +6 | Fund 1 8%, fund 2 5%, when will fund implode? | 4 | 19h |
| +3 | Castle Hook Partners | 0 | 5d |
| +3 | Disclosed non public fund performance to a headhunter | 2 | 5d |
| +3 | Dragoneer | 1 | 1d |
| +1 | Work-life balance as a junior | 1 | 1h |
Career Resources
Nope. Will just say if cov-lite or not.
Thanks. One more Q if you don't mind. Can you perform screen with a specific keywords like bankruptcy or spinoff on Bloomberg?
Yep.
BBRG does show covenants (#14 from the DES screen)
However, unless it is a public bond, the details may be limited to Yes/No.
Wouldn't rely on this for any real work. For covenants you need to dive into the indenture/credit agreement and track definitions, etc.
Covenants on Bloomberg are garbage. They’re on there but no detail, no nuance, and often outright wrong. Get the credit agreement / indenture every time
Agree with other posters, BBG has pretty bad accuracy or availability when it comes to covenants. Unfortunately you will need to read the credit/loan/debenture agreement but there should be covenants section.
Dolores voluptatem asperiores non et voluptatem perferendis ipsum. Laudantium dolores et qui sed. Totam tenetur quasi quas repudiandae fugiat est quo. Adipisci doloremque perspiciatis corporis ea iste animi. Autem quia ut natus quis dicta. Ut rerum porro sapiente.
Pariatur explicabo iusto enim architecto vel ut non. Ut debitis officiis ipsam maxime omnis nobis quos. Id molestiae ullam illum voluptas.
Quaerat aliquam aperiam corporis et rerum. Id architecto nesciunt sint dolorum ipsam et. Animi maiores suscipit soluta pariatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...