you should be comfortable selling protection on an Exxon credit default swap, because they have the same risk-return profile. They have almost the same cash flows -- not exactly, but very similar ...

Credit default swaps (CDS) provide insurance against the default of a debt issuer. With a CDS, the buyer pays a premium to a seller for this protection. If the issuer defaults, the seller ...

A debt/equity swap is a financial restructuring strategy where a company exchanges outstanding debt for equity in the business. This can help a company reduce its debt burden and interest costs while ...