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Massey Massey The costs involved in borrowing money directly from a bank are prohibitive to a number of companies. In the world of corporate finance, many chief financial officers (CFOs) view banks as lenders of last resort because of the restrictive debt covenants that banks place on direct corporate loans. Covenants are rules placed on.
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Restrictive CovenantsRestrictive Debt CovenantsView BanksWorld Of Corporate Finance