CRMCP: Advanced Corporate Credit Analysis - Understanding Complex Capital Structures

Session Four

Time: Monday, October 14, 2019 - 9:00am to 10:00am
Level: Intermediate/Advanced
Track: Credit Risk Management Certificate Program (CRMCP)
Room: Royal Tern

About

During this session we will review some of the key differences in the capital structures of investment grade versus non-investment grade companies. Attendees will discuss the key structural features of funding instruments including revolving credit facilities, bank loans, bonds, securitizations and hybrid securities. Attendees will learn about why capital structures often become more complicated as a company’s credit quality deteriorates. This session will include group exercises and discussions. 1 hr CPE – Management Advisory Services; 1 hr CE

Objectives

  • Indentify key differences in capital structues in investment grade and non-investment grade companies.