Covenants: The Proliferation of Serta Simmons' Super-Priority Uptier Exchange (Sept. 29, 2020)

00:09:25

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In this week's episode, Peter Washkowitz discusses how more and more companies are replicating Serta Simmons' super-priority uptier exchange and how lenders can fight back on these transactions in new bank debt facilities. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.