Treacherous Sands For Adelson - Forbes.com

It is rare to find a better example of ratios and bond covenants than in this piece from Forbes.Treacherous Sands For Adelson - Forbes.com: "Las Vegas Sands said in a regulatory filing that it doesn't expect to comply with its maximum leverage ratio covenant in the fourth quarter. That would trigger defaults that might force it to suspend multibillion-dollar development projects in the U.S. and