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A blog on High Yield for those in High Yield.
European High Yield July Survey
20 Questions, 10 Minutes, 20x the insight. We are launching the Second of what will be a monthly survey covering the European High Yield Market. The idea is to create value for the High Yield Community through shared insight. To our knowledge there is nothing...
European High Yield June Survey – Results!
Summary *** THE JULY EUROPEAN HIGH YIELD SURVEY IS NOW OPEN - PLEASE PARTICIPATE >HERE< *** The June European High Yield Survey had 52 respondents. c50% of respondents were Portfolio Managers, with CIOs, Strategists, Credit Analysts, Sales and Syndicate Desks...
European High Yield June Survey
20 Questions, 10 Minutes, 20x the insight. We are launching the first of what will be a monthly survey covering the European High Yield Market. The idea is to create value for the High Yield Community through shared insight. To our knowledge there is nothing...
They Walk Among Us: Zombies, High Yield and The Market
Zombies - This is part one of two on Zombie Companies. I was surprised at just how prevalent "Zombification" is and how it presents itself in High Yield, the Markets and Economy. Bad news is they walk among us. Good news there seems to be a consensus as to how to...
A Bubble Bubble?
"A Bubble Bubble" This last week has been fantastic in terms of news flow. Conscious I am in my own "bubble" there is an increasing choir of voices calling for caution as asset prices boil. So I thought I would summarize what I have seen heard this week. A curated...
How important Is EBITDA ?
EBITDA is increasingly controversial as a metric. But, why all the fuss? EBITDA is pervasive in High Yield and has its origins in the 80s and 90s LBO boom. "Community Adjusted EBITDA", "EBITDAC" - have grabbed the headlines, evidence of aggressive earnings. The...
How to Make the Most of a Management Meeting
As an Analyst/ PM you will conduct 10's if not 100's of interviews. In this post we look at how to make the most of a management meeting.How should you make the most of your time and get the answers that you need? How can you Quickly build rapport with management and...
Free Download/ Skill Share: Modelling High Yield Cash Flows
This Post Looks at Modelling High Yield Cash Flows with Excel with a Free Demo Workbook Now. This is not the sexiest of topics. BUT it is one that is worthwhile sharing IMHO. The aim of European High Yield Online to become a community site is based around sharing...
Uncertainty and Valuation
Uncertainty has increased due to the crisis. I read a great article by Aswath Damodaran. In it he touches on the behavioral and quantitative aspects of post CoVid Valuation. What's more as I thought about uncertainty I was reminded of Nicholas Nassim Taleb and Howard...
