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Find a Course Near You

Johannesburg
Aug 18 - 18
Chicago
Aug 25 - 25
New York
Sep 28 - 28
San Francisco
Nov 10 - 10
Singapore
Nov 30 - 30
London
Sep 25 - 25
Dec 5 - 5

Register for the Course

There are no sessions currently scheduled

This one-day course tackles how financial professionals should review credit documentation, and what pitfalls to look out for in this process.

Course Agenda

    This course will focus on covenants and other features designed to protect investor interests and emphasize ways in which these defensive tools can be undermined by creative drafting.

    The publicly available methodology of our sister company, Moody's Investors Service, for evaluating covenants in bond indentures will be discussed, and participants will learn how the framework for assessing covenant quality can be applied to their daily work.

Gain insights into covenants and documentation so you can:

  • Identify important features in standard documents.
  • Structure documents effectively for proper protection and understand what document structures are appropriate for various types of debt.
  • Understand how the strength of covenants can be mitigated by weak definitions, ambiguous language, exceptions, carve-outs, and the like.
  • Understand how our sister company, Moody's Investors Service rates covenant quality and defines protective markers.
  • Discuss documentation issues with, and ask proper questions of, one's lawyer.

Who Attends?

  • Commercial and investment bankers
  • Underwriters
  • Fixed income professionals (both buy and sell sides)
  • Loan administrators
  • Syndication desks
  • Structured finance investors
2017 Course Dates and Locations

Find a Course Near You

Johannesburg
Aug 18 - 18
Chicago
Aug 25 - 25
New York
Sep 28 - 28
San Francisco
Nov 10 - 10
Singapore
Nov 30 - 30
London
Sep 25 - 25
Dec 5 - 5