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You are an investment analysis at a hedge fund that is comfortable taking calculated risk. They do invest in distressed debt. Which piece of debt
- You are an investment analysis at a hedge fund that is comfortable taking calculated risk. They do invest in distressed debt. Which piece of debt would you recommend to your boss and why?
XYZ Co has the following debt outstanding:
$200mm of 4% bank debt due 10/25
$100mm of 8% senior notes due 10/22
$300mm of 8% sub notes due 10/22
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Project Finance In Theory And Practice
Authors: Stefano Gatti
3rd Edition
0128114010, 978-0128114018
