Resource title

Restrictive Covenants

Resource image

image for OpenScout resource :: Restrictive Covenants

Resource description

Creditors use protective covenants in bond indentures to protect their interests by restricting certain activities of the issuer that could endanger the creditor's position. Similarly, banks employ loan covenants to ensure that the borrower uses the funds for the stated purpose.

Resource author

Resource publisher

Resource publish date

Resource language


Resource content type


Resource resource URL

Resource license

Copyright © 2011 Advameg, Inc.