问题如下:
Which of the following covenants can protect investors in a leveraged loans?
选项:
A. Company needs to maintain specified financial ratios within certain limits.
B. Company can make discretionary operating decisions unrelated to current business.
C. Company have no limits on paying dividends.
解释:
A is correct.
In a leverage loans, the borrower needs to maintain specified financial ratios within certain limits and submit information so that bank can monitor performance.
c错在哪里,感觉分行无限制的话,投资者可以得到的收益更多