Special Situations Credit Products
I would like to understand a bit more about the Special Situations credit investing. I am located in London but any input on below from either European aor US perspective would be much appreciated.
what sort of debt product are prevalent, what are coupon levels?
what are common structural features and protections in documentation?
Which are the largest special sits funds in the market?
I think in terms of IBs that have teamsis the biggest, and ? Am I right?
Any quick reads or videos you would recommend? (I found few good ones in youtube but ther are tons of the maybe I am missing a really good one)
Thanks for insight!