Credit School, Including Financial Analysis, Modelling & NPLs/Debt Restructuring – Johannesburg
Johannesburg
During the recent severe financial crisis, many banks and other financial institutions have lost billions of dollars due to their failure to analyse credit risks correctly. Even when financial institutions do not suffer direct financial losses due to default/market movements, they may be receiving an inadequate return for the risks involved. With leveraged instruments set to remain a key part of corporate capital structures, in both the private and public equity markets, knowing how to analyse credit risk remains key to avoiding losses and to maximizing returns.
The aim of this course is to teach delegates how to model and analyse corporate credit risk, how to assess structural and documentation risk and to give an overview of dealing with NPLs. This course does not extend to the analysis of banks, insurance companies or structured vehicles.
A 4-day case study based training course covering:
Financial policy and analysis, including calculating key credit ratios.
Credit ratings & the rating agencies.
Financial modeling in Excel, including LBOs.
Structural factors, guarantees, documentation, covenants.
Impact of corporate finance activity on credit quality.
Non-performing loans and debt restructuring – potential options and outcomes.
Course Objectives:
Credit ratings & the rating agencies.
Quantitative risk analysis – financial policy and analysis of results.
Financial modeling in Excel, including LBOs.
How to apply sensitivity analysis.
Impact of corporate finance activity on credit quality.
Structural & contractual subordination.
Guarantees, documentation: high grade & high yield prospectuses, loan document.
NPLs, options for and valuation of distressed companies.
Who Should Attend:
Bank credit officers.
Investment bankers.
Management consultants.
Bond credit analysts.
Fixed income/credit traders.
Fixed income/credit salespeople.
Equity analysts/investors.
Fund managers.
Treasurers.
Compliance officers.
Financial decision makers in corporations.
Attendance cost: £3150
Event organizer: Euromoney