Corporate Credit Analysis for US MidCaps

The overall goal of this three-day workshop is to enhance analytic skills. Using a structured and systematic approach, participants will learn to evaluate the credit standing of MidCaps*. The workshop will demonstrate how to combine a qualitative assessment of the company and its management with a quantitative analysis of its performance. Simple and effective forecasting tools are used to assess and anticipate the performance of the MidCap. A case study will form an integral part of the workshop, allowing participants to apply the concepts acquired during the workshop to a real-life scenario. Specifically participants will be equipped to:

• Assess the credit worthiness of MidCap borrowers using a 4-step approach
• Evaluate the commercial viability and sustainability of the business model and management's ability to deliver to plan
• Use a simple cash flow forecasting model to anticipate a company's future performance, sensitize and evaluate assumptions, and interpret their impact on the credit outlook and the ability to service its debt
• Understand the key funding sources available to MidCaps
• Build robust monitoring and covenant packages to meet the commercial needs of the company and to provide protection to the lender.

* MidCap: Typically a company market capitalization of US$2bn - US$10bn.