50- Year Anniversary of the Z score: A Talk by Ed Altman and Investor Panel

Join us in celebrating the 50th Anniversary of the famous and versatile Z score. Its inventor Ed Altman will give an historic backdrop and assessment of its usefulness in today’s financial markets. For more than thirty-five years since Altman’s 1983 pioneering work, Corporate Financial Distress, Restructuring, and Bankruptcy has been the definitive guide to the science behind what happens when businesses fail. This fully revised, expanded, and updated Fourth Edition gives experienced managers, advisors, investment professionals, and academic researchers and instructors, as well as students new to the field, state-of-the-art knowledge of restructuring practices, distressed debt and high yield bond and loan markets, credit analysis and default prediction.

This new edition reflects major market developments and progress made since the global financial crisis. Joining the iconic Edward Altman, the Stern School of Business professor who created the Z-score model half a century ago, Edith Hotchkiss and new contributor Wei Wang continue to provide the in-depth coverage readers have relied on. The opening section of this volume examines the economic and legal framework of corporate bankruptcy and distressed restructurings and the leveraged finance market.

First 100 attendees will receive a free copy of his book

• learn about the concepts underlying the Z score
• learn how to use it as a credit tool and as a predictor for bankruptcy
• learn how its usefulness changed over time