If you’ve never traded bonds before, start here. Our Distressed Investing team will walk you through how bonds work, how and where to purchase them, and what to say to your broker (even if they don’t understand bonds). We also include a handy glossary, a clear breakdown of “bond math,” and more.
Houlihan Lokey (HLI) is a cash-rich, debt-free financial firm that specializes in restructuring…helping soon-to-be-bankrupt companies get back on their feet. In today’s debt-crushed environment, there’s no better business to be in. A shares position in HLI is the perfect first exposure to the fascinating world of distressed debt. Houlihan Lokey is a “forever company” that
Today’s issue will be the first market and portfolio update from our Director of Distressed Investing, Martin Fridson.
Below, you’ll find your first official distressed bond recommendation from Wall Street’s “Dean of High Yield,” Martin Fridson. (Martin is also an accomplished writer of light verse, and will be opening each monthly issue with a short original poem.)
