Deteriorating Credits
| Course Provider |  |
| Dates Duration | 3-5 November 2010 3 days |
| Venue | Clarion IFSC, Dublin 1 |
| Course Fees | Full Fee: €2920 Network Members Fee: €1450 |
| CPD Hours | TBC |
Programme Objectives
The aim of this three-day corporate credit class is to hone the analytic skills needed to appropriately identify and assess credit deterioration and determine a company’s ability to improve performance or repair the existing capital structure. The focus will be on using lessons learned from the credit crisis in order to respond to problems facing a corporate client and propose effective solutions that both meet the commercial needs of the business and protect the lender’s interests. Specifically, participants will be equipped to:
- Identify warning signals on a timely basis to enable them to interface effectively with a client, obtaining information and opening / furthering a dialogue to discuss management’s plans for dealing with the issues at hand.
- Review a company’s covenant package and funding structure, in context of its operating performance, to determine the extent to which they provide effective triggers and protect the lender’s interests.
- Consider the practicality of solutions designed to stabilise the business and assess alternative options to enable the bank to take effective action as early as possible in order to minimise future problems / losses.
Who Should Attend
Experienced credit risk managers and fixed income investors. The majority of Fitch Training programmes are offered at an intermediate and advanced level. There are no specific prerequisite courses to attend our programmes, however some topic knowledge maybe required. Please refer to the target audience to see what level of prior knowledge is required for a specific course.