TITLE

The Perils of the One-Stop Financing Shop

AUTHOR(S)
Manning, Jeffrey R.
PUB. DATE
September 2007
SOURCE
High Yield Report;9/10/2007, Vol. 18 Issue 34, p6
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the status of credit market in the U.S. He states that going to the fourth quarter of 2007, all signs point to a pickup in defaults and restructuring , leading companies to face the perils of the one-stop financing shop in a manner never seen before. He adds that the one-stop shop, combined with the derivative blended capital issues coming from the secondary trading of debt securities, may become a major source of recovery for bondholders and other unsecured debtholders.
ACCESSION #
26531086

 

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