Sentences with phrase «where bondholders»

And, of course, I'm always attracted to shares in a company that has just emerged from bankruptcy, especially situations where bondholders are given a majority of the post-bankruptcy equity; we know from Joel Greenblatt that bondholders are often uninterested in holding their post-bankruptcy equity, and that their primary interest is not always price.

There is also the issue of security, in the case of bankruptcies and defaults, where bondholders are given preferential treatment.

Bonds are «low risk» loans where bondholders receive income regardless of the economy or company performance; the main risk that bondholders retain is interest rate risk (that is, the risk that they could have asked for more interest on their loans if they'd loaned at a later date).

Not exact matches

Even at the Fed, where NIRP keeps popping up, the discussion is marked by a definite lack of enthusiasm for what might turn out to be one of the most toxic policies ever - not just for savers, bondholders, and stockholders, or the entire economy, but for banks!

And, he says, Hunter and his army of retail investors did nothing that hasn't been repeatedly done by investment bankers, bondholders and hedge funds during other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers in order to turn a profit after buying voting power from scared creditors.

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.

When a stock goes to zero, you lose everything, where as a bondholder will get some face value redemption to the notes issue price and still keep all the previous income payments.

Beyond that, any plan that creates a good company / bad company should be doomed, because it essentially becomes government sponsored fraudulent conveyance, where valuable assets that the bondholders were relying on disappear.

At any time, a bondholder can sell their bonds in the open market, where the price can fluctuate, sometimes dramatically.

As a bondholder, it does not pay to stand near cliffs where a downgrade can change the creditworthiness of a company.