Writing Assignment
Your paper at a minimum, must discuss the following among other things:
Identify the borrower & the debt that fell into default
Discuss the reasons for the default.
Was it because of circumstances unique to the borrower?
Are there any clues in the company’s financial performance 5 years leading up to the bankrupty?
Did any of the company’s industry peers default or declare bankruptcy?
Were there any industry practices that placed the company at risk?
General economic factors?
Or more likely a combination of all 5
How the default was addressed? Did the borrower go through bankruptcy? Was it liquidated or restructured? What factors drove this outcome?
What was the fate of the debtholders? How much were they able to recover and in what form — cash, new debt securities, equity in a restructured firm.
