Homex

Pitched by students once.

Student pitches

Fall 2013 Long Homex 9.75% Senior Guaranteed Notes due 2020 By Peter Bowley Student pitch, p. 16 ↗ CSIMA Investment Ideas Club
A credit pitch on Homex's dollar bonds at about 37 cents. Even with harsh downside cases, Peter needed only a 5% chance the notes kept performing.