Gleacher & Company’s Credit Products team is one of the largest on Wall Street today. The team is committed to providing analysis, sales and trading on a wide range of debt securities including bank debt and loans, investment grade debt, high-yield debt, treasuries, convertibles, distressed debt, preferred debt and reorganization equities to corporate and institutional investor clients. The team offers the following services to corporate and institutional clients:
Proprietary Desk Analysis: Desk analyst research professionals track a wide range of fixed income securities and provide proprietary views and analysis on credit fundamentals and trading dynamics. Gleacher & Company has desk analyst coverage in investment grade, high yield and convertible securities in Consumer, Building Materials, Financials, Gaming / Leisure, Healthcare, Homebuilding, Industrials, Mining, Packaging, Paper / Forest Products, Power / Energy, Tech / Media / Telecom and Transportation among others.
Institutional Sales: Gleacher & Company maintains one of the largest debt capital markets sales teams on Wall Street. Sales professionals maintain strong relationships with more than 600 institutional investors including mutual funds, pension funds, insurance companies, hedge funds, investment managers and investment advisors by providing value-added investment ideas and access to trade execution services and capital on an intraday basis to facilitate trades.
Trade Execution and Liquidity: Trading professionals provide execution, market making and liquidity to a large number of market participants in a wide range of securities on a daily basis. The team’s breadth across securities and sectors, unbiased and independent positioning provides market participants the highest level of service and integrity on trading activity.
Corporate Repurchases: The team provides management of and execution services for corporate debt repurchase programs where it seeks to match buy side demand with sell side supply or vice versa to achieve best execution and liquidity for participating parties. The team has executed hundreds of billions worth of repurchase transactions for hundreds of clients since its formation.
Liability Management: Gleacher & Company offers liability management advisory and execution services to corporations and institutional investors. Liability management encompasses a wide range of solutions to optimize a company’s capital structure including redemptions, repurchases, debt tenders, private exchange offers, 3(a)(9) exchanges, registered exchange offers, debt for equity swaps and equity for equity swaps and consent solicitations across all classes. The team has advised and executed on more than 300 transactions representing hundreds of billions in liabilities.
New Issue Distribution: The team provides new issue distribution capabilities for debt capital raising transactions.