Debt Covenant Compliance demo
Computes each covenant as its own agreement defines it and projects the headroom six quarters ahead 1:34
What the demo shows
Tracks, calculates and projects covenants across a borrower's credit agreements for treasury
Seven agents read every credit agreement and amendment, compute each ratio exactly as each agreement defines it with every add-back cited to its clause and ledger account, recount it independently, project it six quarters forward from the forecast against the step-downs, draft the compliance certificates and track every reporting duty. The treasurer reviews what they found beside the headroom line and decides; the CFO signs; a person delivers to the lenders.
Transcript
- Debt Covenant Compliance. Agents that track and project every covenant of borrower owes.
- Kestrel and Vane's Treasury watches eleven covenants.
- One misstep down is a default.
- Priya, the treasurer, opens her briefing for decisions wait.
- Leverage as a line.
- Next March, the limit steps down to 3.50 times.
- The projection agents forecast 3.62 times.
- A breach five months out.
- The calculator found a $42 million ad back that Amendment 2 allows.
- Independently recounted from the ledger, 3.41 times inside the limit.
- PREA accepts with a reasoned code.
- Agents flag the next Titus covenant.
- The certificate is drafted and cited.
- PREA approves the CFO signs.
- Every source cited, every sign-off recorded, every step logged.
- Result, a breach seen five months early, no waiver fee, certificate 13 days early.
- Build on Botminds, agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.