high-yield security

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Mar 4, 2024 by Richard Sandler · across every show →

Everything said about high-yield security, oldest first

Mar 4, 2024 positive
Assertion Supported
Sandler: Non-investment-grade original debt issuance was unheard of before Michael Milken
“The idea of a new issue of a high-yield security, our new issue of debt security for a company that Could not get an investment grade was unheard of when Mike came to the market.”
Richard Sandler Mar 4, 2024 ▶ 20:25 Richard Sandler – The Prosecution of Michael Milken (EP.372)
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