Authors: John D. Finnerty, Harvard Business School Publishing, Douglas R. Emery
ISBN-13: 9780875846170, ISBN-10: 0875846173
Format: Hardcover
Publisher: Oxford University Press, USA
Date Published: June 2001
Edition: 1st Edition
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 in Florida.
This guide for practitioners in all industries and types of businesses describes ways of using debt as a strategic financial instrument. Finnerty (finance, Fordham U.) and Emery (finance, U. of Miami) draw upon case studies of various companies to present their approach to debt management. Coverage includes, for example, the global capital market, short- and long-term financing, tax and accounting considerations, derivatives, bond valuation, and innovations in fixed income products, preferred stock, and convertible securities.
Annotation © Book News, Inc., Portland, OR
Preface | ||
Acknowledgments | ||
Ch. 1 | Overview of Debt Management | 1 |
Ch. 2 | Commercial Debt Financing | 21 |
Ch. 3 | Debt Capital Markets | 43 |
Ch. 4 | High-Yield Debt | 67 |
Ch. 5 | New Issue Design | 87 |
Ch. 6 | Institutional Considerations | 117 |
Ch. 7 | Fixed-Income Derivatives | 137 |
Ch. 8 | Debt Innovations | 165 |
Ch. 9 | Valuing Bonds and Bank Loans | 199 |
Ch. 10 | Bond Refunding: Measuring the Net Advantage | 231 |
Ch. 11 | Bond Refunding: The Timing Decision | 251 |
Ch. 12 | Sinking-Fund Management | 275 |
Ch. 13 | Other Types of Bond Refundings | 303 |
Ch. 14 | Preferred Stock and Preference Stock | 329 |
Ch. 15 | Convertible Securities | 347 |
Ch. 16 | The Future of Debt Management | 369 |
Notes | 379 | |
Suggested Additional Readings | 405 | |
Index | 407 |