Debt Management
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1- Online Training...with international accreditation. The value of participation per person is €1,450
2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Debt Management
Introduction :
Why is debt management important? When it comes to raising finance, a company has several sources for the acquisition of funds. These sources can be broadly categorized into debt and equity. Equity share and preference share issues are a popular way of raising funds through selling shares of the company to the general public and institutional investors.Methods of debt financing include the issue of debentures, term loans, trade credit, etc. Within the business sphere, both debt and equity have their advantages and disadvantages. No single avenue is considered best. For this reason, no company prefers to finance its investment through a single source.Debt management is a strategic way of structuring the debts of a business in a manner that doesn’t prove burdensome for the company. It calls for careful calculation of the debt servicing capacity of the firm and borrows accordingly.
Course Objectives :
At the end of this course, the participants will be able to :
- Understand various components of debt management
- Know various debt instruments and their classification based on fundamental features like maturity, coupon and principal
- Recognise different money market and capital market fixed instrument alternatives available to a firm
- Appreciate the framework of the debt market and its segment: wholesale debt market and retail debt market. Also, gain knowledge on how their functioning affects the economic health of the state
- Design reliable debt management strategy for their firm to fulfil their target of optimal capital structure and shareholder’s wealth maximization
- Comprehend various strategies of debt restructuring
- Develop negotiation tactics with moneylending institutions
- Gain an understanding of how to bond yield curve works and yield curve analysis
Targeted Audience :
- Budding entrepreneurs, start-up founders
- Financial managers, credit managers
- Departmental heads, managers, executives
- Financial analysts
- Financial advisors
- Credit insurers, brokers
- Investors
Course Outlines :
Module 1: Basics of debt management
- Debt financing
- Effect of debt on profits
- Benefit of debt financing
- Capital structure decision process
- Capital gearing
- Financial leverage- debt ratio, interest coverage ratio
- Strategies of debt reduction, debt restructuring, debt consolidation
- EBIT-EPS analysis
- Debt negotiation
- Debt trap
Module 2: Debt market
- Debt market segments: wholesale segment and retail segment
- Participants in debt market
- Secondary market for debt instruments
- Intermediaries of debt market
Module 3: Debt instruments
- Instrument features: maturity, coupon, principal
- Risks involved in debt instruments- interest rate risk, inflation risk, reinvestment risk, liquidity risk
- Instruments on the basis of modification of coupon: zero coupon, treasury scrips, floating rate bonds
- Instruments on the basis of modification of term to maturity: callable bonds, puttable bonds,
- Money market and capital market debt instruments
- Debenture and their types
Module 4: Risk management and credit rating
- Credit rating
- Financial indicators affecting credit rating
- Type of risks and establishing risk management framework- rollover risk, liquidity risk
- Risk management practices
Module 5: Sovereign lending
- Overview of sovereign lending and borrowing
- Debt sustainability analysis
- Debt indicators: external and fiscal indicators
Module 6: Valuation of bonds
- Bond values and yields: value of bonds with maturity, perpetual bonds
- Yield to maturity
- Yield curves: normal, flat, inverted, humped
- Flattening of yield curve
- Theories of the term structure of interest rates- pure expectation hypothesis, liquidity preference
Module 7: Public debt policy
- Formulation of public debt policy
- Public debt management
- Government borrowing policies
- Government guarantees
Module 8: Fiscal Policy and Balance of Payment
- Overview of balance of payment
- BOP elements
- Sources of imbalances
- Fiscal policy and fiscal deficits
- Fiscal sustainability
- Assessing and managing fiscal risks
European Business Center Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 9001/2015 from the English international company UKAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
