Every figure here was found in the filing it cites.

We read credit agreements, amendments and note purchase agreements that US companies file with the SEC as exhibits: every filing since January 2025, and new filings as they arrive.

A language model proposes each covenant, limit, step-down, tranche and pricing grid along with the passage it came from. We then check that passage against the filing text ourselves. A value that cannot be found in the quoted text is dropped, not guessed.

On a blind test set of agreements labelled by hand, the published covenant values were correct 100% of the time, and we found about 85% of the covenants a careful reader would.

Headroom compares each covenant’s limit with the ratio the company reports in its 10-Q or 10-K, or, where it does not report one, an estimate from its XBRL financials. Estimated headroom is marked as such.

Each covenant keeps the name the agreement gives it. The grouping into kinds such as net leverage is ours, and is only used for sorting.

Every figure on this site is free to use. Ratios are estimated from XBRL financial data unless marked as reported in a 10-Q or 10-K.

Downloads. The screener and every company page link to a CSV and a JSON download of the same rows they show, built from the same query as the page. No login and no key; downloads are limited to 30 requests a minute per address.