UNDERWRITER EFFECTS AND THE RISKINESS OF ORIGINAL-ISSUE HIGH-YIELD BONDS

Authors

  • Harlan D. Platt

    1. HARLAN D. PLATT is an Associate Professor at the Northeastern University College of Business Administration.
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      The author is indebted to John Frabotta of Prospect Street Investment Management Co. for providing access to his archives and for discussions of the high-yield market; to Vinnie Guarrera, Floyd Howell, Olivier Szymkowiak, and Michael Wright for assistance in data collection; and to Ed Altman, Paul Asquith, Elizabeth Chant, Ron Copeland, Martin Fridson, and Barrie Wigmore for valuable criticism and guidance.


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