A Rethinking of U.S. Forward-Looking Statements in SPACs
Introduction SPACs, better known as Special Purpose Acquisition Companies, are mainstream financial products of Wall…
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Will the Leveraged Loan Market Trigger a Financial Pandemic? Understanding Cov-Lite Loans, CLOs and EBITDA Add-Backs
I. Introduction[1]* In 1997, a financial contagion swept through the banking system in Southeast Asia,…