Macroeconomics and Credit Analysis

Richard Marney () and Timothy Stubbs ()
Additional contact information
Timothy Stubbs: Dentons

Chapter Chapter 10 in Corporate Debt Restructuring in Emerging Markets, 2021, pp 233-252 from Springer

Abstract: Abstract This chapter elaborates the simplified macroeconomic analysis methodology conducted by Kristi in the opening Bank of Commerce tale. The content is not meant to be a summary of a macroeconomics textbook. Instead, a simple (non-mathematical/econometrics-based) practical method to incorporate macroeconomics into credit analysis is introduced. The Bank of Commerce case fact set is used as the foundation. Thereafter, four brief new cases are reviewed using this approach to reinforce the learnings.

Keywords: Balance sheet; Bankruptcy; Borrower; Consensual restructuring; Coordinating committee; Corporate debt; Debt; Debtor; Cash flow; COVID-19; Credit analysis; Currency peg; Devaluation; DFI (development finance institution); Distressed debt; Financial statements; Foreign exchange; Emerging market; Exchange rate; Frontier market; INSOL II; INSOL principles; Insolvency; Lender leadership; Loan loss provision; Macroeconomics; Non-performing loans; Pre-insolvency; Restructure; Restructuring; Restructuring plan; Shareholder(s); Standstill; Steering committee; Workout (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-81306-2_10

Ordering information: This item can be ordered from
http://www.springer.com/9783030813062

DOI: 10.1007/978-3-030-81306-2_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().