A report by Moody’s Ratings reveals more U.S. companies are seeking flexible credit agreements to increase debt without full lender approval. Covenant changes allowing up to 300% of EBITDA in debt have become common, posing credit risks for lenders. Recent deals show a trend of borrowers accessing more debt, especially in private credit markets.

Read more at Yahoo Finance: More US companies skip lender consent to add on debt, Moody’s says