Debt and Covenants Fundamentals Course
This course teaches mastering debt and covenants from term sheets to enforcement. Learners design, price, and negotiate covenants, assess credit risk, handle breaches, and protect collateral, gaining practical skills for stronger deals in cyclical industries like manufacturing.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain a practical toolkit to read, structure, and negotiate loan terms confidently. Master key ratios, covenant types, pricing adjustments, collateral protections, and intercreditor issues. Apply knowledge to cyclical borrower scenarios, breach responses, and lender frameworks for effective risk management, documentation, and reporting from day one.
Elevify advantages
Develop skills
- Structure loan and covenant packages for cyclical manufacturing risks.
- Draft, read, and negotiate key financial, negative, and affirmative covenants.
- Analyze leverage, coverage, and liquidity ratios with TTM and pro forma methods.
- Manage covenant breaches using waivers, cures, amendments, and enforcement.
- Evaluate collateral, priority, and intercreditor terms in secured deals.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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