Thoughts on Bank Debt

Thoughts on Bank Debt

Photo Credit: Teemu008Photo Credit: Teemu008

I have long said that until an asset class goes through a “failure cycle,” risk-based pricing will be weak toward the assets in question.  One asset class that has become popular of late is bank debt.  Bank debt is a loan to a corporation that typically has first priority to make claims on the company in bankruptcy, ahead of the bondholders, much less the preferred…

View On WordPress

Leave a Reply

Your email address will not be published. Required fields are marked *