Looking for a Forex Broker? Find the right pick at markets247.com; find the top MT4 brokers, the top FSA brokers and the top NFA brokers.
-
Comments Off
The bank may impose a limit on the company’s net-debt-to-equity ratio. The objective of such a covenant is to prevent the company from taking on more debt by borrowing from another bank or issuing bonds or commercial paper. Any such action would result in a reduction in the company’s ability to service its borrowing.