Concerted action by public bondholders can be counted upon to attract attention in both the financial markets and the financial press. A current topical example is the wave of public
Predicting Bondholder Activism
The image of bondholder activism in many quarters is one of rapacious bondholders aggressively pursuing a ruthless quest for returns. The reality is far more complex, but the outcome of particular cases may be surprisingly predictable for the astute analyst.
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