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  DateDocument Type Title Issuer/Entity
17 May 2022 Sector In-Depth EM Covenant Monitor: Improving covenant quality scores reflect plummet in Chinese property issuance
03 May 2022 Sector In-Depth Covenants — Asia: The covenant package in the one bond issued in Q1 is strong
16 Feb 2022 Sector In-Depth Covenants — Asia: Q4 CQ score improves amid slowing issuance from Chinese developers
26 Jan 2022 Sector In-Depth Covenants — Asia: China Evergrande’s woes serve as a cautionary tale of the dangers of flexible covenant structures
18 Nov 2021 Sector In-Depth EM Covenant Monitor: EM covenant quality score boosted as Asia and Latin America improve
19 Oct 2021 Sector In-Depth Covenants — Asia: Q3 CQ score worsens and moves toward its record worst
02 Sep 2021 Sector In-Depth Covenants — Asia: Investors have lost negotiating ground as covenant quality scores have weakened by over a third from 2011 to 2020
19 Jul 2021 Sector In-Depth Covenants — Asia: Q2 CQ score improves despite all-time weakest Chinese property bond scores
10 May 2021 Sector In-Depth EM Covenant Monitor: EM covenant quality scores reach a new all-time weakest level amid a surge in issuance
13 Apr 2021 Sector In-Depth Covenants — Asia : Q1 covenant quality score moves slightly off all-time weakest level
25 Jan 2021 Sector In-Depth Covenants — Asia: Chinese property bonds take covenant quality scores to all-time weakest level
05 Oct 2020 Sector In-Depth EM Covenant Monitor: EM covenant quality scores reach all-time worst level amid slowing issuance
01 Oct 2020 Sector In-Depth Covenants — Asia: Chinese property bonds bring Q3 covenant quality score to all-time weakest level
29 Sep 2020 Sector Comment Covenants – Asia: Asian bonds with higher instrument ratings have weaker covenants
15 Jul 2020 Sector In-Depth Covenants — Asia: Q2 covenant quality scores improve as coronavirus leads to slowing issuance
20 Apr 2020 Sector In-Depth EM Covenant Monitor: EM covenant quality scores improve but protections against cash leakage weaken
09 Apr 2020 Sector In-Depth Covenants — Asia: Q1 covenant quality reaches strongest level since 2018
02 Apr 2020 Sector In-Depth High-yield bond covenants — China: Looser debt covenants for Chinese property developers will preserve debt capacity in a coronavirus-led downturn
22 Jan 2020 Sector In-Depth Covenants — Asia: 2019 covenant quality scores reach all-time weakest level amid record-high issuance
07 Jan 2020 Sector In-Depth Covenants — Asia: Covenant quality scores reach all-time weakest level amid slowing issuance
21 Oct 2019 Sector In-Depth EM Covenant Monitor: EM covenant quality scores weaken further as Chinese bonds dominate issuance
10 Oct 2019 Sector In-Depth Covenants — Asia: Chinese bonds bring Q3 covenant quality scores to second-weakest level on record
03 Sep 2019 Sector Comment High-yield bond covenants – China: Credit facility carve-outs are becoming more common in Chinese bonds
08 Jul 2019 Research Announcement Moody's - Covenant quality of Asian high-yield bonds weakened in Q2, but remained above record low
08 Jul 2019 Sector In-Depth Covenants — Asia: Q2 covenant quality scores weaken amid surge in Asian high-yield bond issuance
02 May 2019 Sector In-Depth EM Covenant Monitor: EM covenant quality score worsens amid surge in Chinese property bond issuance
02 May 2019 Research Announcement Moody's - Emerging market covenant quality score weakens, but still stronger than non-EM EMEA and North American bonds
29 Jan 2019 Research Announcement Moody's - Covenant quality of Asian high-yield bonds recovers from all-time weakest level
29 Jan 2019 Sector In-Depth Covenants — Asia: Q4 covenant quality moves off all-time weakest level
19 Nov 2018 Sector In-Depth Covenants – Asia: Chinese property bonds bring Q3 covenant quality to new all-time weakest level
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