TITLE

Picking PIKs In Desperation

AUTHOR(S)
Sargent, Carolyn
PUB. DATE
February 2005
SOURCE
Investment Dealers' Digest;2/14/2005, Vol. 71 Issue 6, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on investment firms' issuance of "payment-in-kind" (PIK) notes in the high-yield bond market in the United States. Advantages of PIK to financial institutions; Features of PKI notes, fixed-income securities; Several PIK offerings.
ACCESSION #
16070324

 

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