This course can also be presented in-house via live webinar.
The trainer has 15 years of experience in accounting and investment banking at leading firms and is an experienced financial trainer who has delivered courses for financial institutions in the City of London and around the world, in the areas of Corporate Finance, Valuation (Industrials and Banks), Financial Modelling, M&A, LBO, Financial Accounting, Capital Markets, Bank Regulatory Capital, Financial Risks, both in English and French.
This module focuses on the analysis of companies that are solvent, but might become distressed should trading or financing circumstances deteriorate. We focus on operating cash flow dynamics (e.g. cash conversion), capital structure issues (e.g. understanding structural issues and assessing refinancing risk) and valuation implications.
Case study I – Dominos Pizza – detailled modelling and full credit analysis
This module focuses on the analysis of companies that have become distressed. We focus on reviewing the capital structures and model different alternatives, including liquidation and restruturing the debt package taking into acccunt the perspectives of the different equity and debt holders.
Case Study II: Modelling of different recovery values of an industrial company
Case study III – Detailed modelling of Schefenacker workout
This course focuses on modelling restructuring for stressed and distressed companies.
First, we analyse stressed corporate from a credit analysis perspective and model the debt payment and key credit ratios. We then look at gone-concern scenarios and review distressed companies. We explore and model the steps facing distressed corporates, including debt restructuring packages, in-court and out-of-court settlements and liquidation. We look at the perspective of distressed corporates, debt holders and creditors.
At the end of the training, the participants will be able to:
Other Financial Modelling Courses which may be of interest,
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|Modelling for Disposals||Be introduced to why corporates divest or restructure their assets|
|Modelling for M&A||Master the modelling of integrated financial statements|
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