Corporate Financial Distress, Restructuring, and Bankruptcy: Analyze Leveraged Finance, Distressed Debt, and Bankruptcy

A comprehensive look at the enormous growth and evolution of distressed debt markets, corporate bankruptcy, and credit risk models

ThisFourth Editionof the most authoritative finance book on the topic updates and expands its discussion of financial distress and bankruptcy, as well as the related topics dealing with leveraged finance, high-yield, and distressed debt markets. It offers state-of-the-art analysis and research on U.S. and international restructurings, applications of distress prediction models in financial and managerial markets, bankruptcy costs, restructuring outcomes, and more.

Avainsanat:

corporate bankruptcy; Bankruptcy Code; bankruptcy law; bankruptcy reform; bankruptcy costs; bankruptcy outcomes; international insolvency codes; bankruptcy case studies; out-of-court restructuring; private workout; financial distress; asset sales; corporate governance; leveraged finance; leveraged loans; distressed debt; high yield debt; high yield bonds; distressed firm valuation; turnaround management; distressed investing; distressed M&A; credit analysis; credit risk; default risk; default modeling; default prediction; bankruptcy prediction; z-score; credit ratings; recovery rates; loss given default; risk management; Corporate Financial Distress, Restructuring, and Bankruptcy; Analyze Leveraged Finance, Distressed Debt, and Bankruptcy; 4th Edition; Edward I. Altman; Edith Hotchkiss; Wei Wang