Picture 1 of 1
Stephen J. Antczak Frank J. Fabozzi Douglas J. Luca Leveraged Financ (Hardback)
Another great item from Rarewaves USA | Free delivery!
Condition:
More than 10 available
Shipping:
Located in: 60502, United States
Delivery:
Varies
Returns:
Payments:
Shop with confidence
Seller information
- 97.8% positive feedback
Registered as a Business Seller
Seller assumes all responsibility for this listing.
eBay item number:335190794804
Item specifics
- Condition
- Book Title
- Leveraged Finance : concepts, Methods, and Trading of High-Yield Bonds, Loans, and Derivatives
- Publication Name
- Leveraged Finance
- Title
- Leveraged Finance
- Subtitle
- Concepts, Methods, and Trading of High-Yield Bonds, Loans, and De
- Format
- Hardcover
- EAN
- 9780470503706
- ISBN
- 9780470503706
- Publisher
- Wiley & Sons, Incorporated, John
- Genre
- Business & Economics
- Release Year
- 2009
- Release Date
- 30/07/2009
- Language
- English
- Country/Region of Manufacture
- US
- Item Height
- 1.2in
- Item Length
- 9.2in
- Item Width
- 6.5in
- Item Weight
- 20.1 Oz
- Series
- Frank J. Fabozzi Series
- Publication Year
- 2009
- Topic
- Finance / General, Investments & Securities / General
- Number of Pages
- 368 Pages
About this product
Product Information
Leveraged finance is an often discussed topic and includes coverage of loans, bonds, collateralized loan obligations, and portfolio credit products such as synthetics. This is a rich and comprehensive guide to the instruments financing most of corporate America (bonds and loans) and their derivatives.
Product Identifiers
Publisher
Wiley & Sons, Incorporated, John
ISBN-10
047050370x
ISBN-13
9780470503706
eBay Product ID (ePID)
10038315754
Product Key Features
Book Title
Leveraged Finance : concepts, Methods, and Trading of High-Yield Bonds, Loans, and Derivatives
Format
Hardcover
Language
English
Topic
Finance / General, Investments & Securities / General
Publication Year
2009
Genre
Business & Economics
Number of Pages
368 Pages
Dimensions
Item Length
9.2in
Item Height
1.2in
Item Width
6.5in
Item Weight
20.1 Oz
Additional Product Features
Series Volume Number
189
Lc Classification Number
Hg4521.A6195 2009
Reviews
"...a resource that will be invaluable to traditional and nontraditional investors long after the market recovers." ( The Investment Professional )
Table of Content
Preface xiii About the Authors xv Chapter 1 Introduction 1 Part One: The Cash Market 2 Part Two: The Structured Markets 3 Part Three: The Synthetic Markets 4 Part Four: How to Trade the Leveraged Finance Market 5 Part Five: Default Correlation 6 Part One The Cash Market 9 Chapter 2 The High-Yield Bond Market 11 The Reasons Companies Are Classified as High-Yield Issuers 11 Size and Growth of the Cash Market 13 Types of Structures 21 A Look at Ratings 22 Risk and Return for Bonds 26 What's Priced In? 31 How About Recoveries? 35 Summary 37 Chapter 3 Leveraged Loans 39 A Tale of Two Loans 39 Introduction to Leveraged Loans 42 An Overview of Loan Terms 56 Loan Recovery Rates 65 Loan Default Rates 73 Summary 79 Part Two Structured Market 81 Chapter 4 Collateralized Loan Obligations 83 Understanding CLOs 83 Elaborations and Details 92 Summary 104 Chapter 5 CLO Returns 105 Default and Recovery Scenarios 105 Distressed Loan Prices, Overflowing Triple-C Buckets, and CLO Returns 119 Summary 129 Chapter 6 CLO Portfolio Overlap 133 Collateral Overlap in U.S. CLOs 134 Collateral Vintage vs. Deal Vintage 142 Favorite CLO Credits 142 Single-Name Risk and Tranche Protections 146 Excess Overcollateralization and Excess Overcollateralization Delta 150 Senior and Subordinate Excess OC Deltas 151 Equity Tranches and Distressed Tranches 157 Summary 157 Part Three Synthetic Markets 159 Chapter 7 Credit Default Swaps and the Indexes 161 What Are Credit Default Swaps? 162 Who Uses Protection, and for What? 168 Growth of the Market 168 Marking-to-Market: SDV 01 170 Credit Default Swaps Indexes 172 Contrasting the LCDX and CDX Indexes 177 Beta: A Study of Movement 178 Summary 183 Chapter 8 Index Tranches 185 Basic Mechanics of the Tranche Market 185 Loan Tranches 195 Summary 199 Part Four How to Trade the Leveraged Finance Market 201 Chapter 9 Recessions and Returns 203 Broad Market Performance 204 Sector Performance 207 Performance by Rating 207 Summary 210 Chapter 10 Framework for the Credit Analysis of Corporate Debt 211 Approaches to Credit Analysis 211 Industry Considerations 216 Financial Analysis 220 Quantitative Models 232 Summary 233 Chapter 11 Trading the Basis 235 The Basic Basis Package 236 Constructing the Basic Package 236 Moving Away from the Basic Model 240 Adding Positive Convexity 249 Negative Convexity 254 A More Complex Basis Package 255 Hedge Ratios for CLO Hedging 259 Summary 260 Chapter 12 How Much Should You Get Paid to Take Risk? 263 Single-Name Credit Risk 263 Curve Risk 267 Basis Risk 269 Capital Structure Risk 274 Summary 281 Part Five Default Correlation 283 Chapter 13 Default Correlation: The Basics 285 Default Correlation Defined 285 Default Probability and Default Correlation 291 Summary 309 Chapter 14 Empirical Default Correlations: Problems and Solutions 311 Empirical Results 311 Problems with Historical Default Correlations 315 Proposed Solutions 318 Summary 333 Index 335
Copyright Date
2009
Lccn
2009-014329
Dewey Decimal
332.63
Intended Audience
Trade
Series
Frank J. Fabozzi Ser.
Dewey Edition
22
Illustrated
Yes
Item description from the seller
Seller assumes all responsibility for this listing.
eBay item number:335190794804
Shipping and handling
Item does not ship to United States
Item location:
60502, United States
Ships to:
Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan Republic, Bahamas, Bahrain, Bangladesh, Belgium, Belize, Benin, Bermuda, Bolivia, Bosnia and Herzegovina, Botswana, British Virgin Islands, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Chile, China, Colombia, Comoros, Cook Islands, Costa Rica, Cyprus, Czech Republic, Côte d'Ivoire (Ivory Coast), Democratic Republic of the Congo, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Islas Malvinas), Fiji, Finland, Gabon Republic, Gambia, Georgia, Ghana, Gibraltar, Greece, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mayotte, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands Antilles, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Republic of Croatia, Republic of the Congo, Romania, Rwanda, Saint Helena, Saint Kitts-Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, San Marino, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Korea, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Sweden, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, United Arab Emirates, Uruguay, Uzbekistan, Vanuatu, Vatican City State, Vietnam, Virgin Islands (U.S.), Wallis and Futuna, Western Sahara, Western Samoa, Worldwide, Zambia, Zimbabwe
Excludes:
Afghanistan, Australia, Austria, Barbados, Belarus, Bhutan, Brazil, Brunei Darussalam, France, French Guiana, French Polynesia, Germany, Guadeloupe, Ireland, Israel, Italy, Laos, Libya, Martinique, Mexico, Netherlands, New Caledonia, Reunion, Russian Federation, Spain, Switzerland, Ukraine, United Kingdom, United States, Venezuela, Yemen
| Handling time |
|---|
| Will usually ship within 6 business days of receiving cleared payment. |
| Taxes |
|---|
| Taxes may be applicable at checkout. Learn moreLearn more about paying tax on eBay purchases |
Sales tax for an item #335190794804
Sales tax for an item #335190794804
Seller collects sales tax for items shipped to the following provinces:
| Province | Sales Tax Rate |
|---|
Return policy
| After receiving the item, contact seller within |
|---|
| 30 days after the buyer receives it |
The buyer is responsible for return shipping costs.
Payment details
Payment methods
Popular categories from this store
Seller feedback (62,813)
c***i (257)- Feedback left by buyer.
Past month
Verified purchase
Fantastic seller! Great communication, fast delivery, secure packaging, item as described. Highly recommend!
r***3 (197)- Feedback left by buyer.
Past year
Verified purchase
Thank you to the seller for excellent ebay retail service in each and every way. Prompt response to sale and dispatch of the item described. Package received on time which was professionally packaged. Thanks .
t***r (262)- Feedback left by buyer.
Past month
Verified purchase
Multiple-repeat customer. As always, CD as described, for a good price, well packed and quickly shipped. Highly recommend.