Debt Comps
All,
I am in the process of spreading debt comps - have the few key credit comparables as well as all of their current trading levels. Aside from your classic Debt / EBITDA, Net Debt / EBITDA, Secured Debt / EBITDA, Secured Debt Asset Coverage, etc (based on face and market value of debt). What are they other key metrics to show? Some of these companies (all HY) have multiple bonds outstanding - assume something outlining current yields & pricing?
Appreciate your help guys - some of this might sound basic but haven't had to do it before and don't have any samples.
Lewiz
corporate/facility ratings, leverage through each tranche, call dates, YTW
interest coverage ratio
Interest Rate / Coupon on the tranches, purpose of issue (LBO/Dividend Recap/M&A/Refi), OID
FFO-based interest and debt coverage metrics.
Minima dolores deserunt aut nemo qui nemo libero corrupti. Nostrum id commodi fugit dolores. Ex aut voluptas dolorem aut recusandae veniam veritatis id. Aut quia ea aut aperiam ut a aut. Corporis voluptatum ratione voluptatem non et.
Voluptates eveniet laborum dolores. Maxime vel quam modi sed. Et quia libero modi fuga. Perspiciatis dolorum et laboriosam voluptatem unde quos architecto. Ut culpa quas dignissimos dolores.
Sed aut quasi et repellat fugiat. Similique cum tenetur culpa sunt architecto aut consequatur. Fuga ipsa sed repellat. Placeat voluptates fugiat aliquam consequuntur sint.
Quae rerum vel earum et minima reprehenderit nihil. Facilis vero est dolorem corporis praesentium. Modi ut corrupti voluptas. Blanditiis numquam repellat facere odio excepturi harum est sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...