[berberous]

Here's an article that describes the issue: https://www.reuters.com/article/us-ebitda-loans/adjusted-ebi...

This article describes some of the addbacks in more detail (scroll down to the section entitled "EBITDA add-backs and other adjustments"): https://www.hoganlovells.com/publications/the-evolving-ficti...

[XnoiVeX]

That's an eye opener for me. Thanks!