February 2012
Intermediate to advanced
288 pages
5h 25m
English
book
A Pragmatist’s Guide to Leveraged Finance: Credit Analysis for Bonds and Bank Debt
by Robert S. Kricheff
Content preview from A Pragmatist’s Guide to Leveraged Finance: Credit Analysis for Bonds and Bank DebtBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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26. Closing Comments
When I was a teenager and wanted to get my pilot’s license, my father bought a small poster for my room. It was a black-and-white photo of a biplane crashed into a tree, with a mangled pilot hanging upside down from the cockpit. The caption read, “Flying is not inherently more dangerous than any other means of transportation. It is just less forgiving.” This statement also could describe investing in the leveraged finance market relative to other securities markets.
The market is a valuable financing tool for a diverse universe of corporations around the globe. It has a history of constantly evolving and developing creative ways to meet the needs of these corporations. For these reasons, credit analysts need to try to stay ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.