Even in cases where bankruptcy is involved (e.g. Detroit), there was recovery value of greater than 60 % for some holders of the debt. (djhendersonsr.com)
We provide value through deep - dive recovery value analysis and thematic cross-capital structure and relative value research and execution. (cowen.com)
BlackRock Financial Management, Inc. will manage the portfolio under guidelines established by the New York Fed designed to minimize disruption to financial markets and maximize recovery value. (newyorkfed.org)