This debt finance course has been developed to give lawyers and anyone involved in the drafting of documentation for debt finance to gain a better understanding of the financial and strategic rationale behind the structure and the products which are used.
It is often the case that lawyers drafting documentation require a better understanding of the financial structure and products and yet they have not been trained for this purpose. On smaller transactions lawyers will often be asked by clients for an opinion on the most appropriate financial structure or perhaps a viewpoint on the options that are being proposed by financial advisors.
This debt finance training will provide lawyers with a more in depth understanding of the products and structures which are used in the debt markets and which they are likely to encounter in their everyday work.
The debt finance course will make copious use of examples and case studies to practically illustrate the concepts.
Introduction to debt financing
Objective: To review the opportunities for debt financing and discuss the variety of forms of debt financing which can be used.
Overview of types of corporate funding:
Uses of debt financing in private equity funded transactions:
Debt Financing in M & A
Case study: structuring a leveraged buyout deal using a variety of debt instruments
High yield corporate bonds and mezzanine debt finance
Objective: to evaluate the use of high yield corporate bonds and mezzanine debt instruments as alternative financing covering a variety of business sectors and countries
Case study: examples to allow practical application of debt financing techniques
Asset backed securities
Objective: to explain the increasing use of ABS structures in debt financing
Introduction to ABS market
Case study: analysis of credit enhancement mechanisms in a corporate receivables transaction
Corporate debt restructuring
Objective: to explain the alternatives and the appropriate debt structures when companies face a restructuring of their debt.
Dynamics of the problem
Matching the solution to the problem
A framework for loan resolution strategy selection
Case study: analysing a recent corporate debt restructuring