Lawyer Article
Leveraged Syndicated Loans and High-Yield Bonds
December 2, 2005
Published in the December 13, 2005 issue of Southeast Tech Wire.
"Leveraged Syndicated Loans and High-Yield Bonds: Womble Caryle lawyers Gary Chamblee and Jolie Tenholder's article on the converging world of leveraged syndicated loans and high-yield bonds has just been published in Commercial Lending Review (November-December 2005). The article discusses how the explosive growth in the secondary market for leveraged syndicated loans has made those loans increasingly resemble high-yield bonds to investors seeking above-average returns and corporate issuers seeking financing. The growth of the secondary market has also helped banks better manage credit risk."
Click here to read the entire article (PDF).
This article is reprinted with the publisher's permission from the Commercial Lending Review, a bi-monthly journal published by CCH Incorporated. Copying or distribution without the publisher's permission is prohibited. To subscribe to the Commercial Lending Review or other CCH Journals please call 800-449-8114 or visit tax.cchgroup.com. All views expressed in the articles and columns are those of the author and not necessarily those of CCH Incorporated or any other person.
This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.