For private credit
Loan-book intelligence built for private credit.
Every compliance certificate parsed, every covenant recalculated, every amendment logged. Spot breach risk in the MD&A tone shift — weeks before it hits the covenant.
- Onboard in a week
- No borrower onboarding
- Every number cited to source
- EU or US data residency
- Never trained on your data
What private credit teams use Haydn for.
Covenant monitoring work — compliance certificates, amendment tracking, and early warnings — turned into live loan-book intelligence.
Compliance certificate checks
Every quarterly compliance certificate parsed, every covenant recalculated from the underlying management accounts — with the borrower's math next to yours.
Covenant headroom tracking
Total and senior net leverage, interest cover, fixed-charge ratios — tracked against the current amended covenant level, with step-down schedule, equity-cure usage, and cushion shown alongside. Every ratio tied to the management-account line and credit-agreement clause.
Amendment & waiver history
Every amendment, waiver and equity cure logged against the credit agreement. Never re-read a 300-page doc to remember what was granted in March.
Narrative drift across the portfolio
Ask Haydn which borrowers show KPI misses, customer-concentration creep, management changes or tonal shifts in MD&A commentary — the signals that precede a covenant breach, surfaced across every lender pack you've ingested.
TTM EBITDA & addback review
Every addback in the compliance certificate reconciled to the management-account line it came from — pro-forma synergies, run-rate adjustments, stub-period acquisitions — with the credit-agreement clause that permits it, flagged.
Ingest. Standardize. Analyze.
Every board pack, compliance report, and management account becomes a structured, queryable view of your portfolio.
Ingest every document
Compliance certificates, lender packs, credit agreements, amendments, waivers. Haydn parses every format — and extracts every covenant, addback and management-account line, not just the cover page.
- PDFs, decks, spreadsheets
- Messy formats handled
- Audit trail per number
Standardize across the portfolio
Every borrower computes covenants differently. Recalculate net leverage, interest cover and fixed-charge ratios from each borrower's own management accounts — on a definition that ties back to the credit-agreement clause.
- Formulas per company
- Applied automatically
- Like-for-like comparisons
Analyze with an AI that remembers
Ask anything across the loan book in plain English. Headroom, addbacks, MD&A tone shifts — answers come back in seconds, with every number cited to the exact line in the compliance pack or amendment.
- Cited to source
- Persistent memory
- Contradictions flagged
Three steps from raw document to committee-ready answer.
Connect
Connect Outlook, SharePoint and Drive — or forward compliance certificates and lender packs in directly. No borrower onboarding required.
Analyse
Haydn parses every compliance certificate, recalculates every covenant from the management accounts, and indexes every amendment against the credit agreement.
Act
Ask questions, review flagged addbacks, track headroom and MD&A tone shifts, and walk into credit committee already knowing the answers.
An AI that reads every compliance pack, recalculates every covenant, tracks every amendment.
Haydn sits on top of your loan book's entire document history. Ask it anything — “Which borrowers have less than 15% headroom on their leverage covenant?”, “What addbacks did Meridian claim this quarter that weren't in the credit agreement?”, “Show me every equity cure Basin Holdings has used since origination.” — and get cited answers in seconds, with every claim traced back to the original compliance pack, amendment, or MD&A.
- Persistent memoryEvery compliance certificate, lender pack and amendment you've ever received, instantly queryable.
- Contradiction flagsWhen a borrower's addback math doesn't tie to the management accounts, Haydn flags it — with both sources cited.
- Commitment trackingEvery covenant, cure right and remediation commitment tracked through to completion.
No more spreadsheets. No more chasing. No more surprises at committee.
Rereading a 300-page credit agreement to find what was granted in the March 2024 amendment — every time a sponsor asks for the same thing.
Haydn indexes every amendment, waiver and side-letter with clause-level citations. Every basket, MFN and cure shown with what's been used.
The borrower's covenant math doesn't match yours and your analyst rebuilds the bridge every quarter.
Haydn shows the borrower's math and Haydn's math side-by-side, each line tied to the underlying management account.
You walk into credit committee hoping you remember what covenant trends looked like last quarter.
Ask Haydn. Every covenant, every addback, every MD&A tone shift — from every compliance pack — cited and ready.
See what your portfolio
actually looks like.
Thirty minutes. We'll show you how Haydn works
Every number cited to source · EU or US data residency · Never trained on your data