Debt and Covenants Fundamentals Course
This course equips you with essential skills to master debt and covenants, from term sheets to enforcement. You will learn to design, price, and negotiate covenants, assess credit risk in cyclical industries, handle breaches effectively, and safeguard collateral for stronger loan deals and better risk management.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain a practical toolkit to confidently read, structure, and negotiate loan terms. Master key ratios, covenant types, pricing adjustments, collateral protections, and intercreditor issues. Apply these to real-world cyclical borrower scenarios, breach responses, and lender frameworks for effective risk management, documentation, and reporting right away.
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 lending.
Suggested summary
Before starting, you can change the chapters and 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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