Brian DeChesare

JUNE 1, 2022

We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. Ask the regulators to increase their Authorized ROE, reduce regulatory lag, or permit a different capital structure. It’s safe to say that they have encouraged more deal activity.

Banking

Equilest

MARCH 28, 2025

Recognizing the conditions under which equity value can turn negative allows for more informed decision-making, improved risk assessment, and the implementation of proactive strategies to mitigate financial distress. Eventually, accumulated losses can surpass the value of assets, pushing the company into a state of negative equity.

Equity

Brian DeChesare

SEPTEMBER 13, 2023

Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process.

Equity

Musings on Markets

FEBRUARY 27, 2023

The market debt ratio, in contrast, uses the market's estimate of the value of equity, i.e., its market capitalization, as the value of equity. It is one reason that a banking focus on total assets and market value, when lending to a firm, can lead to dysfunctional lending and troubled banks.

Equity