Search results
Results from the WOW.Com Content Network
In finance, a holdout problem occurs when a bond issuer is in default or nears default, and launches an exchange offer in an attempt to restructure debt held by existing bond holders. Such exchange offers typically require the consent of holders of some minimum portion of the total outstanding debt, often in excess of 90%, because, unless the ...
Hold-up problems are created from the existence of firm-specific investments, but also from the set of long-term contracts that are used in the presence of the certain investments. Whether a vertical integration is adopted as a solution to the hold-up problem depends on the magnitude of the specific investment and the ability to write long-term ...
If bond markets riot, some think it will encourage the president-elect to deliver scaled down versions of his campaign promises. Bond yields are soaring—and that could pose a problem for Trump ...
The Fed and other bank regulators would insist that bad loans be written down on the books. Bondholders would take haircuts, but these losses are already priced into deeply discounted bond prices." [6] If the key issue is bank solvency, converting debt to equity via bondholder haircuts presents an elegant solution to the problem. Not only is ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate; Pages for logged out editors learn more
Bond valuation is the process by which an investor arrives at an estimate of the theoretical fair value, or intrinsic worth, of a bond.As with any security or capital investment, the theoretical fair value of a bond is the present value of the stream of cash flows it is expected to generate.
Holdout (gambling), a device used to cheat in gambling; Holdout problem, in finance concerning bond redemption; Holdout weapon, a weapon, typically a pistol, which can be sneaked into areas where weapons are normally confiscated or prohibited; Japanese holdout, a World War II soldier in the Pacific who continued to fight after Japan surrendered
Mural of a vulture across from Ulster Bank HQ in Dublin, Ireland, intended as critical of vulture funds [1] Anti-vulture fund sign in Dublin. A vulture fund is a hedge fund or private-equity fund that invests in debt considered to be very weak or in default, known as distressed debt. [2]