Private placement debt issues are more effective than public bonds in resolving information asymmetries and controlling …

debt recoveries adequately, however, can lead to further pressure on profits.This paper uses a case study approach to … outline key strategies adopted by two major banks in respect of formal insolvency, the “tip” of a considerable debt recovery … applicable to credit risk assessment. However, whilst the “downside risk” equates with the debt write-off plus transaction costs …