The availability of credit insurance via credit default swaps (CDSs) has been closely associated with the emergence of empty creditors. We empirically investigate this issue by looking at the debt restructurings (distressed exchanges and bankruptcy filings) of rated, non-financial U.S. companies over the period Jan 2007- Jun 2011.

Distressed debt restructuring in the presence of credit default swaps

BEDENDO, MASCIA;
2016

Abstract

The availability of credit insurance via credit default swaps (CDSs) has been closely associated with the emergence of empty creditors. We empirically investigate this issue by looking at the debt restructurings (distressed exchanges and bankruptcy filings) of rated, non-financial U.S. companies over the period Jan 2007- Jun 2011.
2016
2016
Bedendo, Mascia; Cathcart, Lara; El Jahel, Lina
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/3976734
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