ELFA launches consultation on best practice guide for covenant transparency under high yield bond
Related survey solicits investors’ views on materiality of covenant capacity, incorporation with ESG frameworks
The ELFA COVID-19 Reporting Best Practice Guide is designed to support investors and companies ahead of a critical reporting period in which COVID-19 disruption has had an unprecedented impact.
ELFA publishes first instalment of its new ELFA Insights Series, calling for greater accessibility, consistency and content in reporting by borrowers
The European Leveraged Finance Association (ELFA) and the Principles for Responsible Investment (PRI) are hosting a virtual workshop to bring together sub-investment grade corporate borrowers and credit analysts to discuss environmental, social and governance (ESG) factors that may be material to credit risk and topics that investors would like to see disclosed in offering materials and ongoing company reporting.