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 1–5 of 5 · filtered from 100Clear filters
  1. 016Mitravanshi Finance funds Rs 1,000 crore with three-month commercial paper at 7.3% instead of a one-year bond at 8.1%. What does it save in a year, what happens if the paper market shuts for a quarter, and what is a 0.25% backup line worth?Indian debt market executionCoreIndian debt capital marketsRisk management
  2. 047Udayachal Highways' bond is rated BBB on its own. A bank's partial credit enhancement covering 20% of the bond lifts it to AA and cuts the coupon by 150 basis points on Rs 1,000 crore, for a fee of 1.2% a year on the amount covered. Is it worth it, and what does the investor now rely on?Indian debt market executionCoreIndian debt capital marketsCorporate banking
  3. 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
  4. 069A housing finance company raises Rs 500 crore on the electronic bidding platform. From a list of bids, find the cut-off yield and allotments under uniform-yield and multiple-yield allotment, and the cost difference.Indian debt market executionCoreIndian debt capital marketsSyndicate desks
  5. 093A gold loan company runs a public NCD issue with a base of Rs 100 crore and a Rs 400 crore green shoe, three series and four investor categories. Retail is three times subscribed. Work out allotments and the weighted cost of funds.Indian debt market executionCoreIndian debt capital marketsSyndicate desks

Company names and figures are illustrative.