Thanks!

this is great!

Great info

thx

3:37 overview 4:07 what is financial restructuring

I think that YTM calc is off, YTM should be 75%. 20 points spread over 4 years is indeed 4 points per year, but on an 80 entry price that's and estimated 5% per year, looks like they've calculated that yield on par.

Thank you for the great video, please bear with me here. Could you please explain for 9:23 scenario 3, where you're getting AV=360 from? I see how you're getting total liab=360. I understand how if you have AV and Liab, how you can back into negative equity=-440. However, I'm unclear on the concept because it's not in accordance with our formula Equity=price per share * shares outstanding. "Shares trade at 10 cents." We still have 100 shares outstanding right? So shouldn't it be: equity=$.10/1 share * 100 shares outstanding =$10? Why does this rule not apply in scenario 3 when it did apply in scenario 1? Appreciate your help.

@neverlast2810

Жыл бұрын

Hi AV does not stand for stock price or market cap but rather asset value. The way in which they produced AV was by valuing the debt, weighted by tranche, Senior(500 x 0.6 = 300) + Sub(300 x 0.2 = 60) === total AV of 360. Sometimes in distressed companies valuation is as simple as working out how much money it would take to buy the organisation ($360).

Pretty poor speaker for an investment banker at Evercore

@neverlast2810

Жыл бұрын

Guy works 80+ hours. He did pretty good for a guy with no sleep.

@murderah17

Жыл бұрын

Lol you hating bc he has a job there and you don't...

@tuankhailai

9 ай бұрын

Look at his eyes bro

@resa574

7 ай бұрын

Chill bro he’s going to be getting better at it I hate arrogant people like you who just criticize without providing anything of value