[BOOK][B] Corporate financial distress, restructuring, and bankruptcy: analyze leveraged finance, distressed debt, and bankruptcy
EI Altman, E Hotchkiss, W Wang - 2019 - books.google.com
A comprehensive look at the enormous growth and evolution of distressed debt markets,
corporate bankruptcy, and credit risk models This Fourth Edition of the most authoritative …
corporate bankruptcy, and credit risk models This Fourth Edition of the most authoritative …
Holdouts in sovereign debt restructuring: A theory of negotiation in a weak contractual environment
R Pitchford, MLJ Wright - The Review of Economic Studies, 2012 - academic.oup.com
Why is it difficult to restructure sovereign debt in a timely manner? In this paper, we present a
theory of the sovereign debt-restructuring process in which delay arises as individual …
theory of the sovereign debt-restructuring process in which delay arises as individual …
Investment opportunities, free cash flow, and stock valuation effects of secured debt offerings
This paper examines the role of investment opportunities and free cash flow in explaining
the source of the stock valuation effects of secured debt offerings. We find a significantly …
the source of the stock valuation effects of secured debt offerings. We find a significantly …
The anatomy of distressed debt markets
EI Altman, R Benhenni - Annual Review of Financial Economics, 2019 - annualreviews.org
Over the last 30 years, the distressed debt market has come a long way and is now a
legitimate investment asset class, albeit with periodic dramatic activity. Despite the benign …
legitimate investment asset class, albeit with periodic dramatic activity. Despite the benign …
Recovery and returns of distressed bonds in bankruptcy
W Wang - The Journal of Fixed Income, 2011 - search.proquest.com
By linking the trading price of distressed debt after Chapter 11 filing to the ultimate recovery
for a large sample of Chapter 11 cases in the past decade, this article finds that senior bonds …
for a large sample of Chapter 11 cases in the past decade, this article finds that senior bonds …
Return Dynamics of Distressed Bonds
K Sterling, M Fridson, VCC Kong - Journal of Portfolio …, 2009 - search.proquest.com
This study adds to the small, but growing, body of research on active management of
distressed debt. The analysis stratifies the distressed debt universe in various ways to test …
distressed debt. The analysis stratifies the distressed debt universe in various ways to test …
[PDF][PDF] Coordinating in the haircut
A Cobas - 2019 - researchgate.net
Over the last two decades, countries that default on their debts increasingly have had to
confront mostly atomistic unconnected bondholders when engaging on restructuring …
confront mostly atomistic unconnected bondholders when engaging on restructuring …
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EI Altman, E Hotchkiss, W Wang - Wiley Online Library
Reproduction or translation of any part of this work beyond that permitted by Section 107 or
108 of the 1976 United States Copyright Act without the permission of the copyright owner is …
108 of the 1976 United States Copyright Act without the permission of the copyright owner is …
[PDF][PDF] Jurisdiction, deviations from absolute priority, and their impact on the valuation of defaulted securities
MO Lücke - 2011 - opus4.kobv.de
Jurisdiction, Deviations from Absolute Priority, and their Impact on the Valuation of Defaulted
Securities Page 1 Jurisdiction, Deviations from Absolute Priority, and their Impact on the …
Securities Page 1 Jurisdiction, Deviations from Absolute Priority, and their Impact on the …