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.
Metrics define the measurements to meet in a covenant. Scenarios enable you to simulate different cases using different metrics.
Prerequisite
Navigate to the Debt & Derivatives Application
- Log in to your Fairways Debt account and select a customer account, if relevant.
- Navigate to Applications
> Debt & Derivatives.
- Navigate to Entities.
Export an Entity Scenario
- Click the name of the relevant entity.
- Click Settings
> Export to Excel.
The entity scenario details display in a file.
Read the Covenant Overview File
File
Sheet |
Description |
---|---|
Covenant Overview |
Details of the exported scenario. |
Manual Metrics |
Details of the manual metrics of the scenario. |
Parameters |
Exportation details. |
Covenant Overview Sheet
Header |
Description |
---|---|
Transaction |
Transaction associated with the covenant. |
Lender |
Lender of the transaction. |
Covenant |
Metric associated with the covenant. |
Expected Value |
Threshold required for the covenant to be compliant. |
[Period] |
Data of the exported scenario. |
Manual Metrics Sheet
Header |
Description |
---|---|
Manual Metrics |
Name of the manual metric. |
Format |
Data type of the metric. |
[Period] |
Data of the manual metrics applied to the scenario. |
Parameters Sheet
Header |
Description |
---|---|
User |
User who exported the file. |
Organization |
Organization where the entity belongs. |
Entity |
Name of the entity. |
Name |
Name of the exported file. |
Timestamp |
Date and time at which the file was exported. |
Analysis Date |
Date for which the data displays. |
Consolidation Currency |
Currency applied to the data. |
Scenario |
Name of the exported scenario. |