Adam Cohen

Adam Cohen has been quoted 3 times. The one recent article where Adam Cohen has been quoted is New junk-bond provisions called into question. Most recently, Adam Cohen was quoted as having said, “This [new bond] language is a vaccination [against that]”.

Adam Cohen quotes

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This terrible language will vastly embolden issuers to consider breaching covenants and lead to more risk for bondholders and fewer premium redemptions.

In my 20 years as a lawyer in the high-yield bond market, this is the worst potential covenant change I have ever seen.

This [new bond] language is a vaccination [against that].

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