Debt Contracts

This course provides participants with an insight into corporate debt structuring and documentation.

It explains how banks provide finance and compares loans to bonds. It explains debt capacity and constraints as well as creditor objectives. It explains documentation risk, covenants, and subordination in detail.

Suitability

This course is f0r individuals with a basic knowledge of corporate credit.

Learning Outcomes

At the end of this course delegates will be able to:

  • Discuss how and why banks provide finance and how they are repaid
  • Describe loan considerations and constraints
  • Define terms sheets and documentation risk
  • Explain the use of various types of covenants
  • Describe how seniority and subordination are key in debt structuring

Course Content

  • Debt structuring and documentation
    • Bank loans and bonds
    • Debt capacity, constraints and creditor objectives
      o Documentation risk and the debt contract
  • Covenants
    • Maintenance and incurrence
    • Covenant breach decision tree
  • Seniority and Subordination
    • Contractual subordination
    • Structural subordination
    • Cash flow subordination

100%

of our clients would recommend Alpha to a colleague or peer

90%

of a cohort was promoted within 2 years after participating in an Alpha course.

96%

of participants felt more confident in their role, following an Alpha commercial leadership course.

Why study with Alpha?

Innovation and creativity born from experience

We are thought leaders in instructional and learning journey design and holistic solution architects. We have extensive finance and investments experience combined with skills application to deliver performance improving results. We develop immersive learning environments that maximize time to productivity, support talent retention and added value to improving quality of hires.

Knowledge Exchange Evangelists

We are focused on mining the embedded organisational intellectual capital for the benefit of the next generation. We create and curate best in class practice gathered from our experience with the leading financial institutions. We design our programmes with the end in mind – what results are you trying to achieve with this intervention? What metrics will we set ourselves to achieve that?

Generation Proof

Quality and innovation, using current market and industry best practices, have made us a trusted partner in delivering dynamic and motivating training for the financial and capital markets. Our programmes are generation proof and responsive to evolving learner needs and styles. Our solutions use a multi-stakeholder engagement strategy that expands beyond relationships between the learner and learning provider. We create connections with managers, peers and the wider business to drive impactful return on investment..

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The team are so friendly and pleasant to work with, everyone is very professional and keen to help us. Building a relationship over the past couple of years helps us to feel like the Alpha team are even more able to understand our needs and provide more proactive solutions.
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