Increasing complexity and globalization in capital-forming activities have directed renewed attention to the area of high-yield securities. This course reviews the basics of high-yield debt while providing an overview of relevant current issues.
Topics include credit analysis of risky debt, today's market for high-yield, seniority and subordination, use of "junk" bonds in leveraged buyouts, high-risk debt in troubled or leveraged companies, the effect of secondary markets and vulture funds, and debt structures in multi-layered or international corporate entities.
By providing your information, you will also receive emails from Moody’s Corporation and its affiliates regarding our business, products and services. You may withdraw your consent to receiving such emails at any time.
Gain skills in high-yield analysis so you can:
Understand the crucial differences between seniority and subordination in credit.
Apply fundamental principles of analysis to high-yield debt.
Understand the dynamics of the high-yield market in different environments.
Anticipate questions faced by debtholders during financial distress and bankruptcies.
Investment and commercial bankers
Fixed income professionals (both buy and sell sides)
This is a sample only. Upon request, Moody’s Analytics shall provide an invitation letter for those attendees who require a visa. You can request the visa invitation letter via email to email@example.com only after your registration for the respective course is completed and the proof of payment is attached in the request email.