Case Study: MEP Capital achieves stronger credit terms with Allvue Systems covenant benchmarking

MEP Capital secures 4.25x leverage and $2M liquidity terms with Allvue Systems

MEP Capital, a private investment firm focused on media and entertainment, faced a challenge when a borrower proposed aggressive credit terms. To avoid losing the deal while protecting its downside risk, MEP needed to validate what truly constituted market-standard covenants. They turned to Allvue Systems and its credit solutions for data-driven covenant benchmarking.

Using Allvue's service, MEP benchmarked the proposed terms against a dataset of comparable deals. This provided them with the intelligence to successfully negotiate safer, data-driven credit protections, including a lower leverage covenant and stronger controls. The result for Allvue's customer was a resilient final agreement that preserved lender discipline without sacrificing the deal.

MEP Capital