Sentences with phrase «corporate bondholders»

I equate bond spreads and option volatility because contingent claims theory views corporate bondholders as having sold a put option to the equityholders.

Not exact matches

Corporate raiders pay their high - interest bondholders, while financial managers also are using this ebitda for stock buy - backs to increase share prices (and hence the value of their stock options).

Morrow Sodali is the leading global consultancy specializing in shareholder and bondholder services, corporate governance, proxy solicitation and capital markets transactions.

Tawil, who specializes in corporate distressed debt situations, also noted that the proposal would likely have huge detrimental effects on bondholders.

And so you have a system where not only are the banks allocating credit in the economy, but it's the corporate sector itself, the industrial sector, is treating companies, industrial companies, as if the purpose was to squeeze out a financial surplus to pay bondholders and stockholders.

Corporate bonds are short an option to default, where the equity owners give the company to the bondholders.

Stocks are lower in the claim chain on corporate assets than bonds, so when bondholders demand better returns, stocks suffer in the short run.

Income, Yield and Duration: Investment grade municipal bonds on average have a higher coupon cash flow to bondholders than corporate bonds and that cash flow is exempt from federal taxation.

A review of high - yield debt investments should cover: (1) analysis of the industry, including growth rates, special risks and leading companies; (2) analysis of the bond issuer, including the company's position in its industry; new products; management stability; the outlook for growth in revenues and cash flow as captured in Earnings Before Interest, Taxes, Depreciation and Amortization, also called EBITDA; value of corporate assets and the debt maturity schedule; and (3) analysis of the issue, including special provisions in the «bond indenture,» covenants protecting the bondholder, use of the money raised in bond offerings, debt seniority, secondary market liquidity and call provisions.

Typically, wide corporate credit spreads indicate a riskier lending environment, as bondholders generally will only take on a greater risk of default in exchange for a greater yield.

Even in the event of a bankruptcy, bondholders are likely to get at least something out of their corporate bond investment.

Bondholders of corporate or government debt will also see the value of their investments decrease.

Chapman's «Defaulted Securities: The Guide for Trustees and Bondholders» advances understanding and consideration of issues related to trustees and bondholders in both corporate and municipal Bondholders» advances understanding and consideration of issues related to trustees and bondholders in both corporate and municipal bondholders in both corporate and municipal financings.

Our lawyers have extensive experience involving indenture interpretation and enforcement as well as representation of bondholders and corporate trustees in large bond and structured finance transactions and defaults.

The filing comes after General Growth failed to convince the bondholders on its corporate debt to defer loan payments.