1. Finance Active
  2. Fairways Debt
  3. Risk Management
  4. Covenants

Entity Covenants

  • Public

Updated .

Covenants in Fairways Debt are agreements specifying actions and thresholds that the borrower must perform and respect. Covenants protect lenders when borrowers do not meet their requirements.

 

  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu, and select a customer account, if relevant.
  2. Navigate to Applications Applications.png > Debt & Derivatives > Entities.
  3. Click the relevant entity name.

In this example, we log in to the Main City account.

Entities_EN.png

  1. Click Covenants.

Overview_2_EN.png

The entity covenants display.

Covenants_EN.png

Covenants_EN.png

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Description

A

Filter the covenants by status.

B

Search for covenants by:

  • Transaction name
  • Metric name

C

Sort covenants. Click an item:

  1. Once, to sort by ascending/alphabetical order.
  2. Twice, to sort by descending/unalphabetical order.
  3. Three times, to cancel sorting.

 

To sort using multiple criteria:

  1. Click the first criteria.
  2. Push and hold this key on your keyboard:
  • ctrl for Windows
  • cmd for Mac
  • Click the second criteria while holding the key from the previous step till you have configured all the criteria.

    • In this example, the data is sorted by the next publication date in ascending order, then by the covenant status by alphabetical order.

    Sort_EN.png

    Note: The counter starts with 2 because the 1st criterion is automatically defined as the transaction group.

    D

    Add, edit, delete, and export covenants.

    E

    Click a covenant name to open the covenant profile.

    F

    Hover over a formula icon f(x) to display the metric formula, if relevant.
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