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 1–2 of 2 · filtered from 100Clear filters
  1. 017Rushali Ceramics can be liquidated or sold as a going concern at 5x EBITDA of Rs 60 crore. Liquidation would realise 80% of Rs 120 crore of receivables, 50% of Rs 90 crore of inventory and 30% of Rs 250 crore of plant. Debt is Rs 350 crore. Which route gives creditors more?Restructuring and recoveriesCoreRestructuringCorporate banking
  2. 095A defaulted textile company's bonds trade at 42. Recovery in 18 months is 30, 55 or 80 with probabilities of 30%, 50% and 20%. What is the expected recovery, and what annual return does buying at 42 imply?Restructuring and recoveriesCoreRestructuringFixed income asset management

Company names and figures are illustrative.