Combining data analytics with deep expertise is key to identifying the most attractive opportunities, including through the covid-19 dislocation, says Marianna Fassinotti, managing director at the D. E. Shaw group.
There have been signs 'to be concerned that some firms are not taking [the LIBOR transition] seriously, are not taking the steps that they need to take and are not prepared, in which case, it could be bad'.
Credit ratings are a vital tool for corporate debt borrowers and issuers. They should not get mixed up with non-rating opinions, writes Joshua Thompson, a partner in law firm Sidley’s global finance practice.
Investing in the debt of a company with a view to converting it to equity is a complex strategy that can be thwarted in numerous ways. Leonard Klingbaum and Milap Patel of Ropes & Gray explain why it is nonetheless gaining in popularity.