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 1–6 of 6 · filtered from 100Clear filters
  1. 011Aniketa Biotech can issue a Rs 500 crore five-year convertible at 3% with a 30% conversion premium, or straight debt at 9%. The share price is Rs 400. Compare the interest saving with the dilution if the stock doubles.Capital structure decisionsCoreCorporate bankingSyndicate desks
  2. 030Kirtiman Infra can fund Rs 500 crore of capex with senior bonds at 8.6% or a perpetual hybrid at 10.5% that the rating agency gives 50% equity credit. Which keeps its rating, and at what cost?Capital structure decisionsCoreCorporate bankingRating agencies
  3. 046Sarvagya Pipes has Rs 400 crore of surplus cash. It can pay a special dividend or repay a 9.5% term loan. What does each do to leverage and earnings, and which would a lender prefer?Capital structure decisionsWarm upCorporate banking
  4. 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
  5. 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
  6. 088A holding company borrows Rs 1,000 crore to fund equity in its operating subsidiaries and relies on their dividends to pay interest. Work out double leverage and dividend cover, and judge the risk to its lenders.Capital structure decisionsHardCredit researchRating agencies

Company names and figures are illustrative.