Asset Managers/Credit Funds
Protect Returns With Covenant Fluency
Equip your team to spot risks, strengthen governance, and safeguard investor capital.
What We Offer
In today’s market, covenant erosion is accelerating. Without fluency, teams miss hidden risks in leakage, leverage, or subordination.
Our training equips analysts and portfolio managers to dissect covenants, report with confidence, and protect returns. Strengthen your competitive edge by ensuring your team sees what others miss.
Key Benefits
Identify Hidden Risks Early: Spot subtle drafting shifts that influence leverage, debt capacity, leakage, and creditor protections.
Improve Consistency and Quality of Analysis: Give the team shared frameworks and terminology so reporting becomes clearer, faster, and more aligned.
Strengthen Investment Committee Decision-Making: Analysts learn to deliver structured, concise covenant analysis that supports confident approvals.
Reduce Downside Surprises: Better documentation awareness leads to stronger monitoring and fewer shocks in stressed scenarios.
Accelerate Analyst Ramp-Up: Shorten the learning curve and reduce reliance on informal training and rework.
Recommended Courses
Leveraged Finance Covenant Training
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.
Leveraged Loan Covenant Training
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.
How to Analyze Any Leveraged Finance Contract
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.
Advanced Covenant Analysis
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.
Practical Analysis Skills
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.
Primary Market Education Series
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.
Introduction to Intercreditor Agreements
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.
Introduction to Stressed and Distressed Investing
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.