Randolph Bracy of the New Covenant Baptist Church of Orlando.

WSJ: Police Probe Florida Pastor's Death

Issuers also took advantage of their technical advantage to structure 55% of new loans as covenant-lite.

FORBES: February Analysis - US Leveraged Loan Market

Issuers continued to press their technical advantage to structure more than half of new loans as covenant-lite.

FORBES: March Analysis, US Leveraged Loan Market

Although lending costs inched up, the percent of new issues structured as covenant-lite reached a five-year high of 45%.

FORBES: May 2012, US Leveraged Loan Market Trends and Analysis

In all, 43.2% of sponsored-backed new-issue volume since Oct. 1 is covenant-lite.

FORBES: Connect