New Year Sale Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: simple70

AFP Certified Treasury Professional CTP Question # 297 Topic 7 Discussion

AFP Certified Treasury Professional CTP Question # 297 Topic 7 Discussion

CTP Exam Topic 7 Question 297 Discussion:
Question #: 297
Topic #: 7

Company ABC, with a current debt rating of BBB- from Standard & Poor’s, is negotiating a new revolving credit agreement with its lenders. The company anticipates closing on a small acquisition within a year of executing this new agreement and would like maximum flexibility to determine its capital structure. The company is MOST concerned about the lenders’ inclusion of A.


A.

ratings trigger.


B.

growth rate covenant.


C.

change in control covenant.


D.

limit on internal financing.


Get Premium CTP Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.