Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Find out more

Basic Question 6 of 9

The restricted payments covenant is meant to protect creditors by limiting the payments to ______.

A. banks
B. shareholders
C. junior or subordinated debt-holders
Check Answer Previous Q Next Q Print

User Contributed Comments 1

User Comment
johntan1979 Negative covenant... limit dividend payouts
You need to log in first to add your comment.
Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

describe the qualitative and quantitative factors used to evaluate a corporate borrower's creditworthiness

CFA® 2024 Level I Curriculum, Volume 4, Module 16.