The result is an authoritative guidebook that provides you with what you need to navigate the highyield market in the integrated global economy. Packed with a wealth of analytical models illustrating the realities of distress probabilities and losses in default.Leveraged Finance is a gathering of the most astute and informed minds in the business. Leveraged finance an asset class that falls somewhere between traditional fixed income and stocks. While this type of debt financing carries significant risk to both investors and companies, the potential returns make leveraged finance a cornerstone of the modern financial markets.
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