wait….but i thought that the bondholders had no say in the company, they just own debt!!! So one way or the other, the shareholders would most likely get their way unless there was some sort of hidden agenda
When a company goes into bankruptcy….what is the seniority of the claims ? I imagine Bonds have priority, how about prefference shares when compared to ordinary equity ? which one rank superior in the capital structure under bankruptcy
April 20th, 2009 at 9:36 pm
wait….but i thought that the bondholders had no say in the company, they just own debt!!! So one way or the other, the shareholders would most likely get their way unless there was some sort of hidden agenda
April 20th, 2009 at 9:36 pm
When a company goes into bankruptcy….what is the seniority of the claims ? I imagine Bonds have priority, how about prefference shares when compared to ordinary equity ? which one rank superior in the capital structure under bankruptcy
April 20th, 2009 at 9:36 pm
It’s not arbitrage. It could just be a way to buy the “New Equity” before the “New Equity” really exists.
April 20th, 2009 at 9:36 pm
What kind of arbitrage is that? (buying the bonds when the company files for chapter 11 in hope the new stocks will be worth more).
April 20th, 2009 at 9:36 pm
hey i love your videos your soo cool can you make a video about irregular polygons thankz bye=] Fizza
April 20th, 2009 at 9:36 pm
excellent. very well presented.
April 20th, 2009 at 9:36 pm
dont ever stop making videos dude for real ^^
April 20th, 2009 at 9:36 pm
hmmm…