Debt Management: A Practitioner's Guide
- 7h 22m
- Douglas R. Emery, John D. Finnerty
- Oxford University Press (US)
- 2001
Debt is a critical source of funds for corporate growth for many companies. In fact, virtually all companies use debt in one form or another. This book explains how companies can use debt as much more than just a source of funds. From start up to traditional blue-chip firm, debt can be strategic financial instrument.
This practical book provides a comprehensive, prudent approach to issuing, managing, and retiring corporate debt obligations, and can be used by practitioners in every industry. Written by leading experts in the field and drawing from case studies of real companies, Debt Management walks financial professionals through the entire decision-making process--from designing debt issues to retiring debt through bond redemptions and bond repurchases, all to meet corporate financial objectives.
About the Authors
John D. Finnerty is a Partner at PricewaterhouseCoopers in New York City and a Professor of Finance at Fordham University.
Douglas R. Emery is the Finance Department Chair and Bank of America Scholar at the University of Miami (Florida).
In this Book
-
Overview of Debt Management
-
Commercial Debt Financing
-
Debt Capital Markets
-
High-Yield Debt
-
New Issue Design
-
Institutional Considerations
-
Fixed-Income Derivatives
-
Debt Innovations
-
Valuing Bonds and Bank Loans
-
Bond Refunding—Measuring the Net Advantage
-
Bond Refunding—The Timing Decision
-
Sinking-Fund Management
-
Other Types of Bond Refundings
-
Preferred Stock and Preference Stock
-
Convertible Securities
-
The Future of Debt Management
