<p>The high-yield leveraged bond and loan market is now valued at $4+ trillion in North America, Europe, and emerging markets. What¿s more the market is in a period of significant growth.<br><br>To successfully issue, evaluate, and invest in high-yield debt, financial professionals need credit and bond analysis skills specific to these instruments. <br><br>This fully revised and updated edition of <i>A Pragmatist¿s Guide to Leveraged Finance</i> is a complete, practical, and expert tutorial and reference book covering all facets of modern leveraged finance analysis. <br><br>Long-time professional in the field, Bob Kricheff, explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. <br><br>Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers a