Category Archives: Corporate finance

I’m not exactly a fan of private equity …

Posted on August 6, 2013 by vincentryan2013

… but an E&Y study I wrote about yesterday claims they are creating value — with returns higher than the public markets — with some new “levers.” I’m not so sure. The businesses they have acquired are earning higher valuations on … Continue reading →

Posted in Corporate debt, Corporate finance, Leveraged buyouts, M&A, Private equity, Uncategorized | Tagged , , , | Leave a comment

Oh, to be in the 1970s again

Posted on August 1, 2013 by vincentryan2013

Wouldn’t it be great to get 10% on a corporate bond again? Then again, the inflation rate was 11%. This post is really just an excuse to use Datawrapper. Here’s the interactive version. Related articles The Strategy of Monetary Policy: … Continue reading →

Posted in Corporate debt, Corporate finance, Credit markets, Data, Uncategorized | Tagged , , , , | Leave a comment

A bank is hiding inside your supply chain

Posted on July 26, 2013 by vincentryan2013

My latest story on CFO.com: merchant banking physical commodities warehouses aluminum derivatives price manipulation Goldman Sachs.  

Posted in Bank balance sheets, Banking, Corporate finance, Regulation, Too Big to Fail | Tagged , , , , , | Leave a comment

Five myths of convertible bonds

Posted on July 24, 2013 by vincentryan2013

Check out a great column on convertible bonds from an exec at Aequitas Advisors. convertible bonds short seller optionality strike price Aequitas Advisers Photo courtesy of Mighty Antar. Related articles Why convertible bonds are too expensive (investmentviking.wordpress.com) Tesla Shares Rally … Continue reading →

Posted in Banking, Corporate debt, Corporate finance, Credit markets | Tagged , , , | Leave a comment

The banks trust Henry

Posted on July 23, 2013 by vincentryan2013

As I wrote on CFO.com last week, LBO dealmakers have access to cheap debt. New proof of that came out today. According to Reuters, KKR got the cheapest borrowing rates ever for a leveraged buyout.  For the acquisition of Gardner … Continue reading →

Posted in Banking, Corporate debt, Corporate finance, Leveraged buyouts, M&A, Private equity | Leave a comment