The high-yield leveraged bond and loan market ("junk bonds") is now valued at $3+ trillion in North America, 1 trillion in Europe, and another $1 trillion in emerging markets. What's more, based on the maturity schedules of current debt, it's poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there's a complete, practical, and expert tutorial and workbook ...
Read More
The high-yield leveraged bond and loan market ("junk bonds") is now valued at $3+ trillion in North America, 1 trillion in Europe, and another $1 trillion in emerging markets. What's more, based on the maturity schedules of current debt, it's poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there's a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. In A Pragmatist's Guide to Leveraged Finance, Credit Suisse managing director Bob Kricheff explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers all this, and much more: yields, spreads, and total return; ratio analysis of liquidity and asset value; business trend analysis; modeling and scenarios; potential interest rate impacts; evaluating and potentially escaping leveraged finance covenants; how to assess equity (and why it matters); investing on news and events; early stage credit; and creating accurate credit snapshots. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.
Read Less
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $74.49, fair condition, Sold by EB-Books LLC rated 5.0 out of 5 stars, ships from Rockford, IL, UNITED STATES, published 2013 by Financial TImes Prentice Hall.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fair. Item in acceptable condition including possible liquid damage. As well answers may be filled in. May be missing DVDs, CDs, Access code, etc. 100%Money-Back Guarantee! Ship within 24 hours! !
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $78.46, fair condition, Sold by Goodwill Industries rated 3.0 out of 5 stars, ships from Miami, FL, UNITED STATES, published 2012 by Ft Pr.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fair. Books may have damage such as dents creases and folded pages. Some books may have writing or highlighting inside. Extras or accessories are not guaranteed. Digital codes and CDs are not tested and may not work.
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $124.00, good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Brownstown, MI, UNITED STATES, published 2012 by FT Press.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good. Dust jacket missing. First edition. Shelf and handling wear to cover and binding, with general signs of previous use. Secure packaging for safe delivery.
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $131.49, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2012 by Ft Pr.
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $219.25, good condition, Sold by TEXTSHUB rated 5.0 out of 5 stars, ships from Franklin Lakes, NJ, UNITED STATES, published 2012 by Ft Pr.
Add this copy of A Pragmatist's Guide to Leveraged Finance: Credit to cart. $306.34, good condition, Sold by Book Words rated 3.0 out of 5 stars, ships from Midland Park, NJ, UNITED STATES, published 2012 by Ft Pr.
![Gershwin: Porgy and Bess [New Broadway Cast Recording]](https://www2.alibris-static.com/gershwin-porgy-and-bess-new-broadway-cast-recording/cover/s17711ruwry.jpg)
