Tag Archives: LANDON THOMAS JR.
If You’re Not in the Loans Then You’re Not Getting the Bonds
There is an axiom among the capital markets desks of investment banks that goes something like this: “if you’re not in the loans then you’re not getting the bonds”. The reasoning behind this statement is this: Other than fallen angels, the issuers of high yield debt are companies whose access to capital can be limited. …
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