Before I begin, I would like to express my sympathies for all those affected by the terrible natural disasters that have affected Japan in the past week. My prayers go out to all those who have been directly affected or who have friends and family in the area. For those interested in helping, you can donate directly on the Red Cross site here: Japan Earthquake and Pacific Tsunami Relief
- HY has a 0-15% equity tranche, a 15-25% mezzanine tranche, and a 25-35%, and 35-100% tranche
- IG has 0-3% equity tranche, a 3-7% mezzanine tranche, and a a 7-15% and 15-100% tranche
- Download all companies in the TOPIX (a capitalization weighted index of all companies listed on the Tokyo Stock exchange)
- Remove all companies trading at Price to Book above 1.2x
- Remove all companies that do not have an operating history going back 10 years
- Remove all companies that have a Debt to Capital above 20%
- Start with A...