Continue reading "Opco/Propcos: Structurally unsound?"
Opco/Propcos: Structurally unsound?
Jamie Hyams looks at whether the financial crisis has undermined the foundations of Opco/Propco structures or whether anything can be salvaged from the rubble The prevailing confidence that the yield compression could continue without correction proved misplaced as the market peaked and started falling. Before the current lending crisis it was not uncommon for companies …