The document provides an analysis of DJO Global's 8.125% 2nd Lien bonds and 10.75% 3rd lien bonds. The 8.125% bonds are rated as 'Buy' with a Yield to Most Likely (YTML) of 18.03%, while the 10.75% bonds are rated as 'Hold'. The analysis discusses DJO's strategic shift, capital structure, and market position, highlighting risks related to operational performance and strategic execution.
doj/DataSet10/EFTA01385386.pdf
{"title":"HY Corporate Credit - DJO Global Bonds Analysis","document_date":"2018-01-03","document_type":"financial","key_organizations":["DJO Global","Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0086670","SDNY_GM_00232854","EFTA01385386"]}