A Pragmatist's Guide to Leveraged Finance: Credit Analysis for Bonds and Bank Debt (paperback) (Applied Corporate Finance)
| Author | : | |
| Rating | : | 4.32 (510 Votes) |
| Asin | : | 0133552764 |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2017-04-30 |
| Language | : | English |
DESCRIPTION:
“The author applies his vast market experience to detail the underlying tenets of credit analysis in a user-friendly fashion. Lindquist, Managing Director, Morgan Stanley Investment Management. I found the book well written and I highly recommend it.”—Richard J. This is certain to become the ‘go to’ book for all participants in the leveraged finance market!”—Pat Dyson, Managing Director, UBS O’Connor“Bob Kricheff’s extensive experience in leveraged finance makes him the perfect person to write what is a very helpful and easy-to-use book on credit analysis. This book is an excellent resource for beginners who are trying to learn the intricacies of the high yield market
"Exactly as advertised" according to mmharrin. I am a senior analyst in a buy-side leveraged finance shop and believe the book does a great job of outlining the process of credit analysis and bond assessment for the junior analyst. I read the book to see whether it made sense as a training tool for our new junior analysts and I believe strongly that it does. In addition, while I didn't think I was the target market, I found the book to be an interesting read an. "Excellent Learning Resource" according to marco mazzocco. I think the title sums up the book perfectly. As someone who works in the credit world but is also working to develop a credit research skill set, I can say that this book connects the dots between theoretical studies and real world application. The book walks the reader through the process of taking financial statements as they are provided by a company and then extrapolating the data necessary to derive key metri. Good overview of Leverage Finance Market Corbin I feel like a piece have a better understanding of the market, definitely will read again. Great book to keep as a reference guide
He holds a BA from New York University in Economics, and an MS c from the University of London SOAS in Financial Economics.. Robert S. His work has covered investment vehicles including bonds, converts, loans, preferred stocks, and credit default swaps. He has followed industries including media, cab
In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.. What’s more, based on the maturity schedules of current debt, it’s poised for massive growth. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. Now, for the first time, there’s a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. 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. InA Pragmatist’s Guide to Le