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By Paunie Samreth In the high stakes world of distressed debt investing, the not-so-glamorous task of picking apart language in bond documents can make or break returns. That dynamic was again on full display this week as both Caesars Entertainment and Forest Oil clung to the fine print in their bond indentures. [...]
from Forbes Real Time http://onforb.es/13EC5ga
By Paunie Samreth In the high stakes world of distressed debt investing, the not-so-glamorous task of picking apart language in bond documents can make or break returns. That dynamic was again on full display this week as both Caesars Entertainment and Forest Oil clung to the fine print in their bond indentures. [...]
from Forbes Real Time http://onforb.es/13EC5ga