Prompt Examples - High Yield Bonds

Below you'll find example prompts for common sections in a Term Sheet and Terms & Conditions for High Yield Bonds. 

High Yield Bonds - Term Sheet 

Section: General Undertakings

Clause: Distributions

Prompts: 

•    Are there any loopholes in this clause allowing for cash leakage?
  

Section: Redemption & Call Structure

Clause: Equity Clawback

Prompts: 

•   Suggest a more borrower-friendly version of the clause
•    Provide pros and cons of this clause from an investor's perspective?
  

High Yield Bonds - Terms & Conditions