Gateway Credit Analysis Using 72.5 vs. $3.41 and 35 vol. for A’s and 69.25 vs. $3.41 and 35’s for B’s, I get implied credit of about 650 over Libor using the Bloomberg model. I think there is significant risk to the credit spread. I would not recommend these converts from a credit perspective for the […]
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Reference Materials
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Credit Analysis
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Convertible Topics
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Fixed Income Topics
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Special Situations