---
product_id: 552308725
title: "The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt (Wiley Finance)"
price: "425.40 DT"
currency: TND
in_stock: true
reviews_count: 13
url: https://www.desertcart.tn/products/552308725-the-credit-investors-handbook-leveraged-loans-high-yield-bonds-distressed
store_origin: TN
region: Tunisia
---

# $4T leveraged credit market focus 7-step credit analysis process 25+ years expert insights The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt (Wiley Finance)

**Price:** 425.40 DT
**Availability:** ✅ In Stock

## Summary

> 📊 Elevate your credit investing game with the ultimate insider’s playbook!

## Quick Answers

- **What is this?** The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt (Wiley Finance)
- **How much does it cost?** 425.40 DT with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.tn](https://www.desertcart.tn/products/552308725-the-credit-investors-handbook-leveraged-loans-high-yield-bonds-distressed)

## Best For

- Customers looking for quality international products

## Why This Product

- Free international shipping included
- Worldwide delivery with tracking
- 15-day hassle-free returns

## Key Features

- • **Master the Market's Pulse:** Unlock the secrets of the $4 trillion leveraged credit universe and stay ahead in one of finance's fastest-growing sectors.
- • **Seven Steps to Credit Mastery:** Follow a proven, step-by-step analytical framework that powers top buy-side and sell-side investment decisions.
- • **Real-World Case Studies & Memos:** Apply theory with practical examples and investment memos that sharpen your decision-making and recommendation skills.
- • **Learn from a Wall Street Veteran:** Absorb 25+ years of real-world investing wisdom and insider stories from a top Columbia Business School adjunct professor.
- • **Navigate Distressed Debt Like a Pro:** Gain rare insights into bankruptcy, restructurings, and creditor battles to capitalize on hidden distressed opportunities.

## Overview

The Credit Investor's Handbook is a definitive guide for professionals aiming to excel in leveraged loans, high yield bonds, and distressed debt investing. Authored by Michael Gatto, a seasoned investor and professor, it offers a comprehensive seven-step credit analysis process, real-life case studies, and expert strategies to navigate the $4 trillion credit market. Perfect for emerging analysts and seasoned pros alike, this book equips readers with the technical skills and insider knowledge to thrive in complex credit markets.

## Description

Prepare for or enhance a career investing in the credit markets with this authoritative guide. The leveraged credit market is currently valued at over $4 trillion and is one of the fastest-growing asset classes, fueling demand for well-trained credit analysts. The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt is the definitive guide for young investment professionals embarking on a career investing in the leveraged credit markets – whether public, private, performing, or distressed. Experienced professionals will also immensely benefit from this guide as they refine their investment skills. Michael Gatto has twenty-five years of investing experience in the debt markets at Silver Point Capital (a $20 billion credit-focused fund) and Goldman Sachs' Special Situations Group. Furthermore, he is an adjunct professor at Columbia Business School and Fordham University's Gabelli School of Business. Michael brings these experiences together in this comprehensive manual, teaching the skills to succeed in the dynamic and complex credit markets. Michael brings highly complex case studies to life using decades of his first-hand war stories and combines them with reflections from leading industry professionals, often infused with humor, to make the book accessible, readable, and fun. Michael's seven-step credit analysis process will prepare you for a career in credit investing at the top buy-side and sell-side firms on Wall Street by teaching you the technical skills needed to invest in the debt markets. Whether you are analyzing a loan origination in the private debt market, a new issue of a broadly syndicated loan (BSL), a high-yield bond (HY), or a secondary trade, the comprehensive knowledge gained from this book will equip you to make well-founded investment recommendations. Additionally, an entire section devoted to distressed debt investing incorporates a practitioner's perspective on the nuances of bankruptcy and restructurings to develop strategies to profit from opportunities in this opaque market. In clear, straightforward terms accessible to the layperson, Michael explains strategies pursued by distressed companies such as J. Crew and Serta that have led to creditor-on-creditor violence, giving you an insider’s perspective on some of the least understood transactions in the distressed arena. You will: Gain In-Depth Knowledge: Understand the complexities of credit markets, from trading dynamics to historical credit cycles, allowing you to identify debt investment opportunities―and avoid pitfalls. Master the Analytical Framework: Learn Michael's seven-step process for analyzing credit investments, including qualitative industry and business analysis, financial statement analysis, forecasting, corporate valuation, relative value analysis, and debt structuring. Learn How to Write an Investment Recommendation: Review real-life credit memos to understand how analysts translate this framework into recommendations that drive investment decisions at the top credit funds. Discover Key Concepts and Terminology: leveraged buyout financings (LBOs), trading levels (price, yields, and spreads), shorting, and credit default swaps. Navigate Distressed Debt: Explore the strategies and nuances of distressed debt investing, including bankruptcy, subordination, creditor-on-creditor violence, and high-profile case studies from the past three decades of Chapter 11 restructurings. This book caters to finance majors pursuing investing careers, credit analysts seeking to enhance their skills, and seasoned professionals aiming to expand their expertise. Professors, researchers, lawyers, and advisors servicing the credit industry will also find immense value in this comprehensive guide.

Review: Amazing: The Best Book on (Credit) Investing - As someone with over 10 years of experience in private equity, leverage finance, and M&A, I've explored numerous resources on financial analysis and investing. This book stands out as one of the best I've encountered for several reasons: 1. Its structured approach to business and credit analysis is unparalleled, providing clear, step-by-step guidance that is invaluable for professionals in the field, 2. The book strikes an optimal balance between being richly informative and concise. Every word serves a purpose, making it an efficient and effective resource for busy professionals. 3. The inclusion of real-life examples further enhances the book's value, helping readers to apply theoretical concepts to practical situations, 4. It provides the most recent market information and best practice insights. Overall, I highly recommend this book to anyone looking to deepen their understanding of financial analysis and investing.
Review: Great Read - A must read for anyone interested in credit - great case studies, clearly written and thorough. Content is relatable to all parts of credit (e.g IG, private credit etc)

## Features

- New Store Stock

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | 15,637 in Books ( See Top 100 in Books ) 16 in Corporate Finance |
| Customer Reviews | 4.9 out of 5 stars 188 Reviews |

## Images

![The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt (Wiley Finance) - Image 1](https://m.media-amazon.com/images/I/81CyQ1sm5sL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Amazing: The Best Book on (Credit) Investing
*by L***C on 6 May 2024*

As someone with over 10 years of experience in private equity, leverage finance, and M&A, I've explored numerous resources on financial analysis and investing. This book stands out as one of the best I've encountered for several reasons: 1. Its structured approach to business and credit analysis is unparalleled, providing clear, step-by-step guidance that is invaluable for professionals in the field, 2. The book strikes an optimal balance between being richly informative and concise. Every word serves a purpose, making it an efficient and effective resource for busy professionals. 3. The inclusion of real-life examples further enhances the book's value, helping readers to apply theoretical concepts to practical situations, 4. It provides the most recent market information and best practice insights. Overall, I highly recommend this book to anyone looking to deepen their understanding of financial analysis and investing.

### ⭐⭐⭐⭐⭐ Great Read
*by D***L on 12 September 2025*

A must read for anyone interested in credit - great case studies, clearly written and thorough. Content is relatable to all parts of credit (e.g IG, private credit etc)

### ⭐⭐⭐⭐⭐ Very practical and useful tool
*by D***W on 28 April 2025*

A very practical credit book!

## Frequently Bought Together

- The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt (Wiley Finance)
- Private Debt: Yield, Safety and the Emergence of Alternative Lending (Wiley Finance)
- Structured Finance: Leveraged Buyouts, Project Finance, Asset Finance and Securitization

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*Store origin: TN*
*Last updated: 2026-10-21*