Household is about to default on its bonds. Or at least that’s what might be inferred by looking at its spreads towards the end of October. The US consumer finance company’s benchmark 10-year bonds, ...

Capital structure arbitrage, in which managers play off the differences in the prices of various instruments in a company’s capital structure, had a standout year in 2009, when the markets were still ...

AerCap has made several transformative acquisitions. Book value continues to grow despite the occurrence of risk events. The post-pandemic dynamics are extremely attractive for the aircraft lessor ...

Capital structure refers to the mix of funding sources a company uses to finance its assets and its operations. The sources typically can be bucketed into equity and debt. Using internally generated ...

Last week, Arik Hesseldahl, opens new tab — a tech writer who’s the first to admit he’s no expert on finance — discovered the wonderful world of credit default swaps in general, and single-name CDS on ...