Bond Credit Analysis – Framework & Case Studies

Contributing Authors.
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<br /> SECTION I: FRAMEWORK.
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<br /> Why Does Credit Analysis Work? (M. Fridson).
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<br /> Review of Financial Statements (F. Fabozzi, et al.).
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<br /> Credit Analysis for Corporate Bonds (J. Howe).
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<br /> The Analysis of High–Yield Corporate Bonds (J. Howe).
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<br /> Basics of Fundamental Equity Analysis for High–Yield Credit Analysts (F. Fabozzi, et al.).
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<br /> Critical Failings of EBITDA as a Cash Flow Measure (P. Stumpp).
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<br /> Challenges in the Credit Analysis of Emerging Market Corporate Bonds (C. Taylor).
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<br /> Debt Covenants: Applications in Emerging Markets (A. Vine and D. Sohnen).
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<br /> Municipal Bond Credit Analysis (S. Feldstein).
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<br /> The Measurement of Prepayments and Defaults in ABS Markets (A. Bhattacharya).
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<br /> Understanding MBS/ABS Loss Terminology (T. Zimmerman).
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<br /> A Credit Intensive Approach to Analyzing Whole Loan CMOs (E. Toy).
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<br /> Mortgage Credit Analysis (J. Brown and W. Wadden IV).
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<br /> Credit Considerations in Analyzing Asset–Backed Securities: A Rating Analyst′s Perspective (A. Silver).
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<br /> Credit Considerations in the Analysis of Asset–Backed Securities: A Research Analyst′s Perspective (K. Weaver and S. Whitten).
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<br /> Considerations in the Credit Analysis of Commercial Mortgage–Backed Securities (J. Price and J. Story).
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<br /> Credit–Driven Prepayment and Default Analysis (M. Ervolini, et al.).
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<br /> AAA CMBS: Prospective Analysis to Manage Perception–Diminished Liquidity (M. Ervolini and A. Fazlullah).
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<br /> SECTION II: CASE SUDIES.
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<br /> Bergen Brunswig Corporation (F. Fabozzi).
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<br /> Einstein/Noah Bagel Corporation (S. Tufo).
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<br /> Sun Healthcare Group, Inc. (S. Tufo).
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<br /> Windmere–Durable Holdings, Inc. (A. Alaimo).
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<br /> CII Technologies, Inc. (A. Alaimo and A. Roulac).
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<br /> DESA International, Inc. (A. Alaimo and A. Roulac).
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<br /> Bruno′s Supermarket (S. Lewis).
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<br /> Tevecap (B. Stannforth).
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<br /> Dao Heng Bank (A. Aran).
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<br /> CanFibre of Riverside, Inc., Project (M. Pisecki).
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<br /> Nassau County, New York General Obligations (S. Feldstein).
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<br /> Erie Tobacco Asset Securitization Corporation (C. Hicks).
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<br /> Yellowstone Energy Limited Partnetship Project (S. Haberer).
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<br /> Port of Walla Walla Public Corporation (J. Colombo).
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<br /> Wisconsin Helath Facilities Authority Healthcare Revenue Bonds––RFDF Project, Series 1997 (M. Ross).
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<br /> JFK International Air Terminal LLC Project (D. Frasca).
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<br /> Bank of America 1997–1 Manufactured Housing Asset–Backed Security (J. Brown and W. Wadden IV).
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<br /> Conseco 2000–XX ABS (K. Weaver and J. Nimberg).
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<br /> Index for Chapters.