Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 6 of 6 for “"High Yield Bonds"”.
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Essays on the US Public Equity and High Yield Bond Markets as a Source of Finance for Shipping Companies
… the pricing and the probability of default of high yield bonds offered by shipping companies; and factors that may influence the pricing and the probability of underpricing of shipping US initial public offerings (IPOs). The analysis is carried out through five chapters and each chapter covers …
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STUDY OF SUPPLY AND DEMAND DYNAMICS OF THE STRUCTURED SETTLEMENTS MARKET
… through the delivery of an annuity issued by a highly rated insurance carrier. This dissertation examines the characteristics of structured settlement markets, their similarities to other markets, and investor behavior under different macroeconomic conditions. The dissertation draws on data from …
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Important factors for shipping companies in raising funds in the equity and high yield bond public capital markets
… either to raise equity or to issue debt in the high yield bond market. The analysis is carried out through the presentation of three research papers. The first paper presents evidence for the first time on the aftermarket perfomance of 27 initial public offerings (IPOs) of common stock in the …
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Does specialization in security analysis and portfolio management explain deviations from the CAPM?
… capital to security selectors who specialize in high-yield bonds, large-cap value stocks, and the like. Any losses in diversification benefits resulting from this theoretically suboptimal two-phase investment strategy are deemed an unavoidable cost of obtaining accurate forecasts through …
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An analysis of why SAPPI Limited had to issue foreign denominated debt
… order to meet these obligations, four callable bonds with high coupon rates denominated in Euro and US Dollar were issued in 2011 and 2012 below investment grade. This study examines the cost at which these high yield bonds were issued by SAPPI and discusses the potential reasoning behind the …
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Essays in Leveraged Capital Markets
… Further, switching regressions show that yield spreads reflect uncertainty about the intrinsic values of debt issued. Yield spreads are 150 basis points higher when poor issuer and issue quality require multiple lead underwriters, but weak lead underwriter reputation constrains the size of …