Investing in Distressed Securities [chapter]

2011 Corporate Financial Distress and Bankruptcy  
No phone calls please) Office hours by appointment Mailbox on 9 th Floor (Finance) Objective: To prepare students to understand, evaluate, and invest in distressed corporate situations and securities. Students will be exposed to the distressed process from a number of different viewpoints (management, trade vendors, senior lenders, subordinated lenders, legal and financial advisors, DIP lenders, bankruptcy courts, vulture investors, distressed debt traders/brokers) to better understand the
more » ... , agendas, and objectives of each of the participants and how they affect investment results. Course Prerequisites • Basic accounting and financial statement analysis • Basic knowledge of fixed-income and equity securities and related mathematics • Basic corporate finance (discount cash flow analysis) • Basic common sense • Extraordinary enthusiasm and effort
doi:10.1002/9781118267806.ch8 fatcat:tg6rljdf2nbrlkzyaep4fynfwa