The idea behind capital structure arbitrage is hardly rocket science. It’s based on the assumption that there is a relationship between movements in equities and bonds. In 1974 Robert Merton came up ...
AerCap has made several transformative acquisitions. Book value continues to grow despite the occurrence of risk events. The post-pandemic dynamics are extremely attractive for the aircraft lessor ...
Capital structure refers to the mix of funding sources a company uses to finance its assets and its operations. The sources typically can be bucketed into equity and debt. Using internally generated ...