Sabrina Fox is executive advisor at the newly launched European Leveraged Finance Alliance, which was set up to protect the interests of investors in the European high yield and leveraged finance markets. In this two-minute video, she says ELFA is working towards a “level playing field” where investors better understand covenant erosion and engage with the sell side to produce more favourable outcomes.
VIDEO: The ‘race to the bottom’ on covenants
Sabrina Fox is fighting the corner for investors through the newly launched European Leveraged Finance Alliance. She explains why this is necessary in a two-minute video.