(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

Discover how highly leveraged transactions (HLTs) work, their risks, and their impact on a company's financial structure. Gain insights into HLT guidelines and industry applications.

Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...