The Numbers Behind the Loan: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and Financial Covenants

Ballard Spahr Partner Katie LaGrange will speak at Minnesota Continuing Legal Education's seminar, Financing Transactions and Loan Documents: From Credit Approval to Enforcement. Attendees will hear from lawyers, bankers, and Certified Public Accountants (CPAs) about commercial loans and financial transactions.

For her session, Katie will be joined in conversation by Rachel Peter, Managing Shareholder and President at TDHCD CPAs & Advisors, and Angela Trocke, Vice President and Commercial Banker at Highland Bank. Katie is a member of Ballard Spahr's Commercial Finance Practice Group and Banking and Financial Services Industry Team.

The event description:

Lenders use EBITDA and other financial measures to set, test, and enforce financial covenants in commercial loans. But bankers, CPAs, and lawyers come at these issues from different angles. This panel puts them all together and will help you:

• Learn how bankers, CPAs, and lawyers approach EBITDA and financial covenants
• Understand what EBITDA measures and why it matters
• Explore how the manner in which EBITDA and other terms are defined can