Exact(20)
This paper proposes a carefully designed structural model that faithfully models typical complex debt structures containing multiple bonds with various covenants.
We attempt to differentiate between dangerous and benign debt structures.
Minsky argued that economic stability encouraged ever greater leverage and ambitious debt structures.
The business of extracting fat fees from creating complex debt structures is in tatters.
The more lenient debt structures they secured in the good times might buy them some wiggle room.
The complex debt structures that companies have developed imply continuous negotiations as creditors fight over pieces of a shrinking pie.
Similar(38)
He works on debt structuring for the securities subsidiary of J. P. Morgan Chase in New York.
This month, Kohlberg Kravis allowed mostly minor changes to the debt structure of its buyout of the credit card processor First Data Corporation.
He said it was "a fantastic company, but coming in at totally the wrong price for the debt structure".
Merrill Lynch has hired Theo Constantinidis as a managing director to head a new debt structuring group for Europe, the Middle East and Africa.
There will be something of a rehabilitation, for example, for the most disreputable form of debt: "structured credit".
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