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New York
Oct 23 - 24
London
Oct 9 - 10

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This two-day course reviews the basics of high-yield debt while providing an overview of current issues for this area of securities.

Course Agenda

    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.

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.

Who Attends?

  • Credit analysts
  • Ratings advisors
  • Investment and commercial bankers
  • Fixed income professionals (both buy and sell sides)
  • Portfolio/asset/fund managers
  • Equity analysts
  • Mergers and acquisitions (M&A) professionals
  • Banking supervisors
  • Credit risk professionals
  • Basel project managers
2019 Course Dates and Locations

Find a Course Near You

New York
Oct 23 - 24
London
Oct 9 - 10