From a U.S. bankruptcy perspective, distressed debt investing is often based on two fundamental principles in the bankruptcy system: 1) a secured creditor is entitled to the value of its collateral in ...

Capital structure refers to the mix of funding sources a company uses to finance its assets and its operations. The sources typically can be bucketed into equity and debt. Using internally generated ...

As recently as the final quarter of last year, the immediate outlook for investors in commercial real estate debt looked much more promising than it does today. In November, London-based Cairn Capital ...

LIABILITY MANAGEMENT OPTIONS for sub-investment grade corporates have dwindled to a very short list in this downturn. With no new money available from the banks, debt exchanges and buybacks have ...