Subordinated debt is a fixed income instrument with characteristics inferior to bank issues since its holder has a lower collection capacity offset by higher profitability, compared to other debt assets. It is halfway between debt and equity; It serves to complement...
In the M&A and sell-side market, EBITDA is a very helpful tool for assessing a business’ market value and marketability. EBITDA is a financial indicator (an acronym for “Earnings Before Interest, Taxes, Depreciation and Amortisation”) that provides a...
