CRMCP: Corporate Credit and Risk Analysis, Bankruptcies & Restructurings

Session Two

Time: Sunday, September 30, 2018 - 3:00pm to 4:30pm
Level: Intermediate/Advanced
Track: Credit Risk Management Certificate Program (CRMCP)
Room: Acacia I-III


In this session, Holmes discusses the role of covenants and collateral. What are covenants supposed to do and should they be viewed by both borrowers and bankers? He examines how banks should react to a covenant breach versus how they actually react and why there is a difference. Also, Holmes discusses what makes good collateral and how collateral positions can become impaired.

Prerequisites: Two years’ experience in a credit-related function or attendance at the Fundamentals of Credit Risk Analysis seminar or eLearning program.  

1.5 hrs CPE – Management Advisory Services; 1.5 hrs CE


  • Learn about collateral and covenants and how financial institutions react to covenant breaches.