Allocators
Spot red flags faster and gain confidence in your deployment decisions.
Committees face rising scrutiny but often rely on summaries that miss borrower flexibility or hidden risks. That creates blind spots in approvals and reputational exposure that might not surface until its too late.
Our governance-level training distils complex covenants into clear frameworks, so committees can select managers with confidence and strengthen oversight.


Improve Oversight and Risk Identification: Understand the real flexibility borrowers have around leverage, leakage, and calculations.
Strengthen Committee Decision-Making: Gain the tools to interrogate proposals and ensure investment teams present risks transparently.
Increase Confidence in Fiduciary Responsibilities: Clear, structured frameworks help committees demonstrate robust governance and prudence.
Reduce Reputational and Downside Risk: Spot red flags early — before they become performance or headline issues.
Align Stakeholders With a Common Language: Boards, governance teams, and investment staff operate from the same risk framework, reducing misunderstandings.
The Leveraged Finance Covenant Training course is a bespoke designed online training programme for professionals in the leveraged finance market. The first of its kind, the course breaks down each covenant into digestible lessons.
LLCT focuses specifically on leveraged loans, combining conceptual understanding with hands-on practice. Every provision is taught using examples from actual deals, so participants can read real drafting, grasp its purpose, and evaluate what truly matters in negotiation and risk assessment.
This course equips credit professionals with a clear, structured roadmap to analyze any leveraged finance agreement confidently and efficiently.
Instead of diving straight into the details, you’ll learn to “zoom out” — understanding the capital structure, the parties’ intentions, and how multiple contracts interact.
Master the complexities of covenant analysis with our comprehensive Advanced Covenant Analysis course, designed for graduates of our Leveraged Finance Covenant Training course who are ready to take their skills to the next level.
Elevate your legal analysis capabilities with our Practical Analysis Skills course, designed for professionals who have graduated from our Leveraged Finance Covenant Training course looking for opportunities to deepen their practical application of the concepts.
Our newest course takes an innovative approach to covenant education! FLT’s Primary Market Education Series is a webinar series on leveraged finance covenants focused on analyzing terms for high yield deals in the primary market.
Unlock the complexities of intercreditor agreements with our in-depth course designed for industry professionals with varying levels of experience seeking to enhance their expertise in debt structuring and creditor relationships.
This comprehensive course is designed to guide you through the intricacies of identifying, analyzing, and navigating legal risks and opportunities in periods of borrower stress and distress.