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 51–60 of 100
  1. 051A state power utility borrows floating from banks and wants a fixed cost for five years. Should it swap the loan to fixed or refinance with a state-guaranteed fixed bond?Rates and hedgingCoreCorporate bankingIndian debt capital markets
  2. 052A sponsor-owned clinic chain wants to borrow more to pay itself a large dividend. Work out what the recap does to leverage and cover, and say whether a lender should agree.Leveraged finance and LBO financingCoreLeveraged financePrivate credit
  3. 053A steel company with surplus cash can buy back its expensive bonds at a premium through a tender offer. Is paying 104 for 9.5% bonds worth it when the cash earns 7%?Liability management and refinancingCoreSyndicate desksCorporate banking
  4. 054Superday case: a packaged foods company asks for a revolving credit facility to fund its festive season. Estimate the peak borrowing need, size the facility and propose two covenants.Credit analysis and ratingsCoreCorporate bankingCredit research
  5. 055A metals company needs Rs 600 crore for a new plant and can issue bonds at 8.5% or shares at 20x earnings. Compare EPS in year 1 and year 3, leverage, and the rating effect, and choose.Capital structure decisionsCoreScotiabankLondon · 2026
  6. 056A tea estate company needs Rs 50 crore for three years. Is a floating bank term loan at 10.2% or a privately placed NCD at 9.6% with Rs 30 lakh of issue costs cheaper, and what else matters?Indian debt market executionWarm upIndian debt capital markets
  7. 057A sponsor financing a buyout can use a floating term loan B or a fixed high yield bond with three years of call protection. Compare cost when rates rise and fall, and the cost of exiting in year 2.Leveraged finance and LBO financingCoreLazardAmsterdam · 2025
  8. 058A company has filed. Given the enterprise value and a list of claims, including a bank loan only partly covered by its collateral, what is the recovery on each claim?Restructuring and recoveriesHardHoulihan LokeyNew York · 2026
  9. 059A consumer company can target a AA rating with less debt or an A rating with more. Compute the WACC under each and decide which target to adopt, allowing for a downturn.Capital structure decisionsHardCorporate bankingRating agencies
  10. 060A plastics company is sold for Rs 300 crore. It has secured debt, unsecured debt and preference shares. What does each class recover?Restructuring and recoveriesWarm upRestructuringCorporate banking

Company names and figures are illustrative.