Distressed debt

Course

In

Price on request

Description

  • Type

    Course

  • Start date

    Different dates available

Overview
Investment Markets Briefing
Futures Primer
Theory & Practice of Asset Allocation
Mutual Fund Selection & Assessment
Economics of the Real World: The Investment Effects
ADRs: A Complete Review
Bonds & Fixed Income Markets
Swaps Overview
CDOs Overview (Collateralised Debt Obligations)
Managing Private Clients in Difficult Markets
Options Primer
Fixed Income Portfolio Construction
Accounting & Controls for Derivatives Users
Syndications Overview
Securitisation Overview
Valuation, Trading & Hedging Futures & Options
Les Options
Les Contrats a Terme (Futures)
Credit Derivatives Overview
Structured Products
Short Term Interest Rate Derivatives
Bond Derivatives
Energy Markets & Derivatives
Traded Life Policy Investments
How The Financial Markets Really Work
Financial Risk Management Overview
Collateral Management
Covered Bonds
Understanding Financial Trading
Leveraged Loans
Behavioural Finance & Investment Implications
Swaps Overview
Distressed Debt

Overview
This briefing provides a practical insight into the Distressed Debt market and its inhabitants together with an appreciation of the features, options, risks and potential rewards.
No prior knowledge of this market is assumed but a basic knowledge of the nature of Debt is assumed. The learning process will be reinforced through the use of workshops and case studies.
Delegate
Bankers whose loans have become distressed (including Bank Agency, Middle and Back Office and Compliance staff)
Private Equity and Venture Capital executives
Debt Traders
Hedge Fund managers looking for opportunities
Fixed Income Managers considering the Distressed Debt market
Support staff for those dealing in / investing / lending in the Distressed Debt area
Fund Managers
Institutional Investors
Private Bankers considering higher return + higher risk investments
Lawyers & Accountants (CPD credit).
Other market professionals and advisors who are dealing with corporate loans in distress or actual default

Facilities

Location

Start date

Start date

Different dates availableEnrolment now open

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Derivatives
  • Market
  • Options
  • Loans
  • Investment
  • Financial Training
  • Private
  • Fixed Income
  • Financial
  • Trading
  • Risk
  • IT risk
  • Equity
  • Credit
  • Swaps
  • Staff

Course programme

Content
Developments in the Distressed Debt markets
Market characteristics
Meaning of Investment Objective and Restrictions
How and why we have reached this point
Classes of Debt, InterCreditor Agreements and their implications
Appreciation of where you sit in the debt structure
Understanding leveraged and complex debt structures
Cross border issues
Multiple debt facilities
Waterfall of funds
Senior/subordinated issues
Treatment of hedging instruments
Permitted payments
Drag along rights
Roles of the different parties
INSOL principles
Standstills
Dynamics for differing lenders and creditors
Management action - co-operation or frustration?
Public-side investors
External regulatory and political influences
Sponsors, debt buy-backs and debt for equity swaps
Restructuring/Workout process
Financial Restructuring
Operational restructuring
Sponsors and debt buy-backs
Debt for equity swaps
Value breaks and implications for restructuring
The Secondary Market for distressed loans
Trading of distressed loans
Mechanisms of a distressed loan trade
Trading on European or US standards
Restrictions on transfer
When does the risk transfer, when does the voting right transfer
Valuing distressed debt - key points to consider
Creating an operative transfer agreement
Debt Moratoriums



Todays Date: 8 September 2017
Duration 2 days

Distressed debt

Price on request