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Credit Agreements Non-GAAP Financial Measures

Proskauer Rose LLP

Inclusion of Government Grants in EBITDA

Proskauer Rose LLP on

In response to the COVID-19 epidemic, the U.S. government has provided relief to companies through various grant programs. The receipt of these grant proceeds represents a meaningful lifeline to many companies and the...more

Gray Reed

EBITDA, Adjusted EBITDA, and EBITDAC in the Age of COVID-19

Gray Reed on

The definition earnings before interest, taxes, depreciation and amortization (“EBITDA”) and adjusted EBITDA have always been important and highly negotiated pieces of credit agreements and M&A transactions....more

Proskauer Rose LLP

The Impact of COVID-19 on Adjusted EBITDA

Proskauer Rose LLP on

As COVID-19 sends shockwaves through the global economy, many experts are predicting one of the deepest recessions in U.S. history. The hospitality, employment services, transportation, travel, leisure, mining, and oil...more

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