Debt Capital Markets case studies, worked step by step

Cases
100
Traced to a firm
34
Topics
12
Hard
30
Topic
All topicsPrivate credit and direct lending8Debt capacity and loan structuring9Bond issuance and execution9Credit analysis and ratings12Asset-backed, project and real-asset lending8Structured finance and securitisation9Leveraged finance and LBO financing11Capital structure decisions6Rates and hedging8Liability management and refinancing8Indian debt market execution5Restructuring and recoveries7
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–3 of 3 · filtered from 100Clear filters
  1. 001A Rs 300 crore senior secured loan to Tamrika Water Tech is offered to you at 94 with a 10% coupon and three years left. Defaults run at 4% a year with 60% recovery. What is the yield, the loss-adjusted yield, and would you buy it?Private credit and direct lendingCorePrivate creditCredit research
  2. 034Ekanta Capital Fund I asks for a subscription line. Commitments are Rs 2,000 crore, Rs 1,200 crore uncalled, 70% of it from eligible investors, at a 50% advance rate. How large can the facility be, and what is the lender really exposed to?Private credit and direct lendingCorePrivate creditCorporate banking
  3. 064Private credit case: a veterinary clinic group asks for a unitranche at 5.5x EBITDA with a discount and call protection. Compute the lender's yield if repaid after three years and propose the covenant set.Private credit and direct lendingCorePrivate creditLeveraged finance

Company names and figures are illustrative.