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Roubini Global Economics – RGE Monitor — Global Macro EconoMonitor

Filed Under: Second Lien Loan    by: Wisdom of Finance

The government would reduce its principal by, perhaps, $1 on the first $20000 of second – lien loan principal reduced and 50 cents for every additional dollar of reduced principal. This incentive should make reducing principal the default …

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External support and bank behaviour in the international …

Filed Under: Syndicated Loan    by: Wisdom of Finance

Banks that enjoyed generous external financial support tended to under-price risk in the international syndicated loan market and did not show signs of innovation in their loan participations. Loans arranged by such banks had on average …

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