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Can I ask, whats the conclusion here?

Distressed debtt arb is unlikely to work in the real world?

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passthismofo Wrote:
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> Is Distressed debt arbitrage = Convertible arbitrage? Or is the difference being convertible debt vs. sr. debt?

ConvertArb is based on volatility and DistressedDebt is based on capital structure - they are different and neither are true arbitrages. HTH.

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