April High Yield Bonds In Review – Xtract Research
In a new special report Xtract Research highlights some things you may have missed in April’s high yield bonds. Q1 2021 hedge fund letters, conferences and more Highlights Of April's High Yield BondsKey points from the report include: We saw at least seven deals in April where the issuer can lever up on a secured basis in excess of 10x EBITDA based on the ratio liens permissions and liens baskets: Mavis Tire, Allied Universal, BCPE, Wheel Pros, Hightower Holdings, Salt Holdings and Ahead DB Holdings. Not only could secured debt be higher than we calculate, but it may be impossible to quantify ...