Sentences with phrase «unsecured high yield bonds»

Senior loans are higher in the capital market structure than unsecured high yield bonds and are also floating rate instruments.

Not exact matches

However, an aspect of leveraged loans that was not developed in this article is that the loans are secured by the assets of the operating company and the terms are usually superior to those of high - yield bonds, which are generally unsecured.

Mr. Krug is a careful risk manager who invests in a mix of high - yield bonds and secured and unsecured loans.

As a result, when corporations issue bonds, they must offer higher yields to entice investors to shoulder the risk of unsecured debt.

Senior loans rank higher in the capital structure and are secured to the assets of the business, unlike the unsecured nature of high yield bonds.

Her practice includes representing financial sponsors, corporate borrowers and various lenders on a wide range of transaction types, including leveraged acquisition financings, high - yield bond issuances, asset - based revolving credit facilities, complex restructurings, debtor - in - possession and exit financings and investment - grade, unsecured financings.

Mees also advises both issuers and underwriters on structured products such as securitisations, covered bonds and bespoke derivatives, with a particular focus on the insolvency aspects of these products, as well as on high yield and unsecured bond issues.

«Equity, mortgage debt, high - yield mortgage debt, high - yield unsecured debt, corporate bonds, lines of credit or bank loans.»