DEBT AND EQUITY ANALYSES
In recent years there have been significant permutations in the scope and composition of business credit, particularly, as it relates to the accelerated development of the off-bank credit market and the role of institutional investors in such market. The compelling increase in investments by institutional investors in company issued debentures and bonds resulted in the institutional investors becoming a substantial and dominant player in the corporate bond market.
The Hodak Committeee whose conclusions were submitted in February 2010, motivated the institutional investors to apply better supervision and controls over debentures and bonds they acquire for the public savers. Within it, recommendations were made, that include among others, stipulating contractual conditions and financial covenants in issuances, expanding the basis of holding negotiations between the financial institutions and the issuing companies, and preparing a written analysis prior to partaking in issuances and debenture or bond acquisitions in the secondary market.
Entropy Financial Research Services provides bond and debt research services that are adapted to the guidelines issued by the Hodak Committee for institutional investors in the capital market. Our research department conducts thorough examinations of the bonds and debentures prior to their issuance as well as an ongoing follow-up of the conduct of the company issuing the bonds or debentures until their full repayment. Our research department reviews most of the issuers in Israel, be it tradable or non-tradable debt, as the same gets updated from time to time according to the Hodak Committee guidelines.
The debt research conducted by Entropy Financial Research Services is of the highest professional level, and it enables the institutional investors, in addition to meeting the regulatory demands, to improve and make their bond or debt investment process more efficient.
For more information, please contact Noa Zvi, +972-3-5377730, ext. 130 email: email@example.com