Title:

Hovnanian Enterprises: Desperately Seeking Capital

Price:$150.00
Publication Date:May 08, 2008
Source:CreditSights Inc
Report Type:Article
Abstract:Two days after reporting preliminary results for fiscal 2Q08 which highlighted huge impairment charges, Hovnanian announced an offering of new common shares.
Brief Excerpt: Hovnanian Enterprises: Desperately Seeking Capital Two days after reportingápreliminary results for fiscal #Q##áwhich highlighted huge impairment charges, Hovnanian announced an offering of new common shares. HOV estimated that the...
Word Count:1369
Report Type:Article
Topic:Covenants, High Yield, Capital Structure
Format:HTML HTML
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CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

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