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Download Leveraged Finance: Concepts, Methods, and Trading of by Stephen J. Antczak,Douglas J. Lucas,Frank J. Fabozzi PDF

By Stephen J. Antczak,Douglas J. Lucas,Frank J. Fabozzi

A well timed consultant to today’s high-yield company debt markets Leveraged Finance is a finished advisor to the tools and markets that finance a lot of company the USA. offered in 5 sections, this skilled writer workforce covers themes starting from the fundamentals of bonds and loans to extra complicated subject matters comparable to valuing CDs, default correlations between CLOs, and hedging techniques throughout company capital buildings. extra subject matters coated comprise uncomplicated company credits, relative worth research, and diverse buying and selling concepts utilized by traders, reminiscent of hedging credits probability with the fairness derivatives of a unique corporation. Stephen Antczak, Douglas Lucas, and Frank Fabozzi current readers with real-market examples of ways traders can determine funding possibilities and the way to precise their perspectives out there or particular businesses via buying and selling techniques, and look at numerous underlying resources together with loans, company bonds, and masses extra. additionally they provide readers an summary of artificial and established items corresponding to CDS, LCDS, CDX, LCDX, and CLOs. Leveraged Finance has the data you must achieve this evolving monetary arena.

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