Rich Meatto

Co-founder of Koyfin. Former distressed high-yield trader now creating, designing, and developing a financial platform you desire. Feel free to follow me on Twitter and my DMs are always open.

Greater New York City http://www.koyfin.com 25 posts

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            Digest
        
    Guitar Center restructures
            The distressed digest for the week ending Nov 22 2020.
        
Rich Meatto

    22 Nov 2020
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    1 min read
    
            Digest
        
    Revlon 2021 Holdouts Win
            Revlon holdouts get par!
        
Rich Meatto

    15 Nov 2020
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    2 min read
    
            Digest
        
    AMC continues to drop
            The movie theater chain's capital structure continues to weaken. The first lien notes traded down to 67.50 yielding 22.4% while the newly exchanged second lien notes traded down to 14.50.
        
Rich Meatto

    11 Oct 2020
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    2 min read
    
            Digest
        
    Digest Update - 10/04/20
            Digest Update
        
Rich Meatto

    4 Oct 2020
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    1 min read
    
            Digest
        
    Digest Highlights - Sept 27th
            Weekly Distressed Digest Highlights - ending Sept 25, 2020
        
Rich Meatto

    27 Sep 2020
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    2 min read
    
            Digest
        
    Digest Highlights - 09/20/20
            Currently tracking 204 credits from 117 companies.
        
Rich Meatto

    20 Sep 2020
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    1 min read
    
    Recapping past featured credits
            It has been 18 weeks since I began writing the weekly Distressed Digest. My primary focus each week is remain somewhat in touch with the general distressed market. Recording my thoughts on this blog has been helpful for me and hopefully given some insight for others.
        
Rich Meatto

    13 Sep 2020
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    4 min read
    
            Digest
        
    Revlon's Chaos and Controversy
            It was 35 years ago when Ronald Perelman completed a hostile takeover of Revlon with the aid of junk bonds and corporate lawyers. Since then Revlon has been no stranger to chaos or controversy.
        
Rich Meatto

    6 Sep 2020
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    9 min read
    
            Digest
        
    Gogo Capital Structure Takes Off
            It was a great week for the whole Gogo capital structure.
        
Rich Meatto

    30 Aug 2020
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    7 min read
    
            Digest
        
    #Energy sucks
            Recently, I posted a YTD total return performance chart of the S&P 500 Energy Sector ETF (XLE) comparing against he S&P 500 (SPY) and Nasdaq 100 (QQQ). "Wow! Energy sucks." was my initial thought.
        
Rich Meatto

    21 Aug 2020
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    6 min read
    
            Digest
        
    Fresh New Look for the Distressed Digest
            It has been over 3 months since starting the distressed digest and it was time for an upgrade.  I hope everyone enjoys the new website as well as the new email newsletter going forward.
        
Rich Meatto

    16 Aug 2020
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    2 min read
    
            Digest
        
    You’re Gonna Regret Borrowing All That Debt
            Tailored Brands (formerly known as The Men’s Warehouse) filed a voluntary petition for reorganization under Chapter 11 earlier this month.
        
Rich Meatto

    9 Aug 2020
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    5 min read
    
            Digest
        
    Rising bankruptcies
            It is a great time to be a bankruptcy lawyer as another 22 companies filed for bankruptcy in July. An increase from the previous month, where 17 companies entered bankruptcy with at least $500 million in revenues and liabilities.
        
Rich Meatto

    2 Aug 2020
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    3 min read
    
            Digest
        
    Cooper-Standard continues to underperform
            Nearly two years ago, Cooper-Standard (CPS) traded at an all-time high of $144.83 with a market capitalization of $2.58B. Since then, the stock has been in a steady decline since.
        
Rich Meatto

    26 Jul 2020
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    4 min read
    
            Digest
        
    Give me just a little more time
            Distressed DigestJuly 19th 2020 Currently tracking 237 credits from 145 companies. If you wish to view the Distressed Watchlist within Google Sheets, please request access to it and I will
        
Rich Meatto

    20 Jul 2020
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    4 min read
    
            Digest
        
    Recovery Valuation for Chesapeake Energy Creditors
            Chesapeake Energy filed for bankruptcy protection on June 28, 2020 due to its high levels of debt. With over $7B of total debt, the company entered into a Restructuring Support Agreement (“RSA”) with its lenders.
        
Rich Meatto

    12 Jul 2020
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    5 min read
    
            Digest
        
    How to track corporate bond prices?
            In today’s world, it is relatively easy to buy stock in public US companies. Even easier to find up-to-date pricing for stocks and I highly recommend using Koyfin to do so.
        
Rich Meatto

    5 Jul 2020
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    3 min read
    
            Digest
        
    2020 Mid-Year Bankruptcy Recap
            As we reach the halfway point of the year, I thought it would interesting to compile a list of businesses that have filed for bankruptcy this year.
        
Rich Meatto

    28 Jun 2020
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    4 min read