Does LCD track amendments? What kind of amendments?
(top) Yes. An issuer often will opt to undertake an amendment in order to better its current negative position, while providing fees and/or increased pricing to its lenders in exchange for this relief. LCD tracks covenant relief and non-covenant relief amendments. Non-covenant relief, for example, might entail a waiver/forebearance agreement in order to avoid default or to not break covenants, filing extensions, loan increases/extensions, etc.