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PIK 'em with care.

Authors :
Sloan, Allan
Source :
Forbes; 12/14/1987, Vol. 140 Issue 13, p32-33, 2p
Publication Year :
1987

Abstract

The article focuses on pay-in-kind (PIK) securities. Topics discussed include the most widely traded PIK securities, the indicated yields through PIK period and to maturity, and risks of investing in PIK securities. Also mentioned are tips for would-be PIK investors including the ability of the underlying assets to deliver enough cash flow, the importance of pricing, and the effects of interest rates.

Details

Language :
English
ISSN :
00156914
Volume :
140
Issue :
13
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
95423850