TRLPC: Investors ask for extra covenants as US leveraged loan pricing rises
February 04, 2016 at 15:09 PM EST
NEW YORK, Feb 4 (Reuters) - Worried investors are calling for tighter terms and conditions on US leveraged loans as pricing continues to move higher for lower-rated companies while the market tries to digest a multi-billion dollar logjam of deals from last year in a deteriorating macroeconomic environment.