{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Cloud 9fin","title":"Focus and Foresight","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/4b156c47\"></iframe>","width":"100%","height":180,"duration":843,"description":"When is a change in control not a change of control? That is the question some Focus Financial lenders are asking after the company managed to finance its $7bn buyout without refinancing its existing debt.It all hinges on the wording of the credit agreement — so for this week’s episode of Cloud 9fin, Will Caiger-Smith sat down with 9fin’s debt covenant expert James Wallick to talk about this strange situation and its possible implications.","thumbnail_url":"https://img.transistorcdn.com/Ct-LyAY39ezUDdlJpLn-ot9823EZfHGgwNgEVlhXOEg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zMDNl/Mjg3MDMzODFhYTNi/NTVkNTViN2ViYzYx/OGIwZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}