tag:blogger.com,1999:blog-6321089372587128676.post2398331958920531504..comments2023-10-17T10:01:00.917-04:00Comments on Distressed Debt Investing: Distressed Investing ConceptUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6321089372587128676.post-40312583710521749052009-07-01T14:22:44.430-04:002009-07-01T14:22:44.430-04:00Great, excellent information....Thank you
Gold Pro...Great, excellent information....Thank you<br /><a href="http://www.rickackerman.com" rel="nofollow">Gold Projects</a>Lalchand Khatrihttps://www.blogger.com/profile/00364648593499967946noreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-3586044844585981212009-07-01T08:46:38.383-04:002009-07-01T08:46:38.383-04:00Good post, thanks.Good post, thanks.Khttps://www.blogger.com/profile/13025001151601817843noreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-10347019453381903362009-06-30T21:57:27.233-04:002009-06-30T21:57:27.233-04:00Hunter - Can you start posting news links re info ...Hunter - Can you start posting news links re info / stories / third party analyses etc that you find interesting and are relevant to the subject matter of your site. I picked up the "creating value through corp restructuring" text as well as Whitman's book - thanks.JJnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-38034378332994522042009-06-30T14:27:51.162-04:002009-06-30T14:27:51.162-04:00With regards to your first reason in the second to...With regards to your first reason in the second to last paragraph, would this just be a capital structure play where-by individuals owning subordinate debt are buying the revolver because their current position is less likely to get a good return? <br /><br />If this is the case, was there any change in price of other debt classes on this news?Jacknoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-57857253602880446982009-06-30T09:58:20.139-04:002009-06-30T09:58:20.139-04:00so the bank debt of HY issuers is most of the time...so the bank debt of HY issuers is most of the time secured, right?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-64691985669417375952009-06-30T08:53:46.324-04:002009-06-30T08:53:46.324-04:00Quick question-
"If a company has an inkling...Quick question-<br /><br />"If a company has an inkling that business will be weak in a few quarters, and that they might not be in compliance with their covenants at that time, then they should draw the revolver (liquidity) now, just in case."<br /><br />Wouldnt the violation of a covenant trigger an accelerated payment? I understand that companies can (more easily) receive relief on springing covenants due to revolver holdings by bank groups, but can you elaborate more on the aforementioned quote? <br /><br />ThanksG-blockhttps://www.blogger.com/profile/15786271509807630585noreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-50522686052120560952009-06-30T08:48:59.969-04:002009-06-30T08:48:59.969-04:00This comment has been removed by the author.G-blockhttps://www.blogger.com/profile/15786271509807630585noreply@blogger.com