Leveraged finance: concepts, methods, and trading of high-yield bonds, loans, and derivatives

A timely guide to today's high-yield corporate debt markets Leveraged Finance is a comprehensive guide to the instruments and markets that finance much of corporate America. Presented in five sections, this experienced author team covers topics ranging from the basics of bonds and loans to more...

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Bibliographische Detailangaben
Hauptverfasser: Antczak, Stephen J. 1968- (VerfasserIn), Lucas, Douglas J. (VerfasserIn), Fabozzi, Frank J. 1948- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Hoboken, N.J. John Wiley & Sons c2009
Schlagworte:
Zusammenfassung:A timely guide to today's high-yield corporate debt markets Leveraged Finance is a comprehensive guide to the instruments and markets that finance much of corporate America. Presented in five sections, this experienced author team covers topics ranging from the basics of bonds and loans to more advanced topics such as valuing CDs, default correlations among CLOs, and hedging strategies across corporate capital structures. Additional topics covered include basic corporate credit, relative value analysis, and various trading strategies used by investors, such as hedging credit risk with the equi
Beschreibung:Includes bibliographical references and index
Leveraged Finance: Concepts, Methods, and Trading of High-Yield Bonds, Loans and Derivatives; Contents; Preface; Acknowledgments; About the Authors; Chapter 1: Introduction; PART ONE: THE CASH MARKET; PART TWO: THE STRUCTURED MARKETS; PART THREE: THE SYNTHETIC MARKETS; PART FOUR: HOW TO TRADE THE LEVERAGED FINANCE MARKET; PART FIVE: DEFAULT CORRELATION; Part I: The Cash Market; Chapter 2: The High-Yield Bond Market; THE REASONS COMPANIES ARE CLASSIFIED AS HIGH-YIELD ISSUERS; SIZE AND GROWTH OF THE CASH MARKET; TYPES OF STRUCTURES; A LOOK AT RATINGS; RISK AND RETURN FOR BONDS.
Beschreibung:1 Online-Ressource (1 online resource) ill
ISBN:9780470528808
9780470528822
9780470528815