Publications

  1. Home
  2. Publications
  3. Leveraged Financial Markets

Leveraged Financial Markets

Authors
William Maxwell
Mark Shenkman
Type
Book
Link
amazon.com
Cost
Paid
Published
2010
Full Name
Leveraged Financial Markets: A Comprehensive Guide to Loans, Bonds, and Other High-Yield Instruments (McGraw-Hill Financial Education Series)

Leveraged Financial Markets is an authoritative guidebook that provides you the information to navigate the high yield market in the integrated global economy. With leveraged finance considered as a cornerstone of the modern financial markets, the powerhouse editorial team of William F. Maxwell and Mark R. Shenkman gathered the most astute minds in the business today. This guidebook is packed with a wealth of analytical models illustrating the realities of distress probabilities and losses in default, as well as updated changes in the high-yield bond market, numerous debt vehicles leveraged in the market today, including collateralized debt obligations (CDOs), credit derivative swaps (CDSs), collateralized loan obligations (CLOs), and leveraged loans.

A preview of the topics included:

  • The high-yield debt market (junk bonds) is a major sector of the financial industry, with more than $600 billion traded annually, and interest in the market is on the rise
  • Features the insights of Marty Fridson (Fridson Vision), Sam DeRosa (CSFB High-Yield), Peter Tufano (Harvard University), and Darrell Duffie (Stanford university), among others
  • Includes models for analyzing probabilities of default and recovery
  • Use the Sharpe ratio to measure the return versus risk for high-yield debt
  • Develop and oversee a portfolio of high-yield bonds
  • Value individual high-yield issuances


Table of Contents

  • Chapter 1 An Overview of Leveraged Finance William F. Maxwell
  • Chapter 2 The Components of the Leveraged Finance Market William F. Maxwell
  • Chapter 3 Understanding the Role of Credit Rating Agencies William F. Maxwell Philip Delbridge
  • Chapter 4 Leveraged Loans as an Asset Class Daniel Toscano
  • Chapter 5 Collateralized Loan Obligations Frederic R. Bernhard, CFA (SCM) John E. Kim (DB) Jonathan A. Savas (SCM)
  • Chapter 6 Differences between CLOs and Structured Finance CDOs Jonathan Blau
  • Chapter 7 Credit Analysis and Analyzing a High-Yield Issuance Amy Levine, CFA Nicholas Sarchese, CFA
  • Chapter 8 Bond Indentures and Bond Characteristics William J. Whelan, III
  • Chapter 9 Credit Models for Assessing Firm Risk William F. Maxwell Philip Delbridge
  • Chapter 10 Performance of Credit Metrics William F. Maxwell Philip Delbridge
  • Chapter 11 Principles of Managing High-Yield Assets Mark R. Shenkman
  • Chapter 12 The Pitfalls of Managing High-Yield Assets Mark R. Shenkman
  • Chapter 13 Performance Analysis Frederic R. Bernhard, CFA (SCM)
  • Chapter 14 Trading in the High-Yield Market Neil Yaris Jason Hodes
  • Chapter 15 CDS: A Primer on Single Name Instruments and Strategies Sivan Mahadevan Morgan Stanley Peter Polansky Morgan Stanley
  • Chapter 16 Leveraged Loan CDSs Vishwanath Tirupattu Sivan Mahadevan Peter Polansky Morgan Stanley
  • Chapter 17 Debtor-in-Possession Financing William F. Maxwell Philip Delbridge
  • Chapter 18 Distressed Investing David J. Breazzano
  • Glossary of Key Terms
  • Notes
  • Bibliography
  • Index

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

Copyright Finnotes.org © 2018 - 2020