Spin-Offs vs. Distressed Debt with Phillip Ordway

Phillip Ordway talks about how spin-offs and distressed debt contrast each other at different times allowing the investor a nice balance between the two. He also talks about the built in margin of safety in distressed debt at 0.50 or less of par value. He also talks about how it is helpful to go through the distressed debt process with someone who is experienced and has knowledge in the parlance that is used.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s