All Capital Markets Modules
- Interest Rate Derivatives for Leveraged Debt Management
- Core Analyst and Associate Education - Capital Markets (Origination)
- Core Junior Trading and Sales Education - Trading and Sales
- Derivatives Master Classes
- Foreign Exchange Master Class
- Credit Fixed Income Master Class
- Fixed Income Master Classes
- Equity Master Classes
- Understanding Insurance Companies
- Hybrid Securities for Financial Institutions
- Convertible Bonds
- Cash and Credit Analysis Diagnostic Tools for (potentially) Stressed Companies
- Advanced Credit Analysis
- Basic Credit Analysis
- Introduction to Equity Capital Markets
- Derivatives
- Introduction to Foreign Exchange (FX), Commodities and Derivatives
- Introduction to Debt Capital Markets
- Introduction to Capital Markets and Credit Risk Analysis
Financial Training Courses
Convertible Bonds
- Categorized in: Capital Markets
The aim of this session is to explore convertible bonds (“CBs”), and similar securities. We start with terminology and key characteristics, bringing the materials up to date with classic and current deals. We look from the issuers’ perspective, with pros and cons, the impact on capital structure - covering technical points like credit rating agency treatment to valuation issues like the effective cost of capital. We also look to investors, from traditional equity and debt funds, to hedge funds, and their perspectives on risk-reward and hedging.
The full-day class further focuses on one of three strands depending on bankers’ interest:
- Modeling convertible bonds, including conversion scenarios
- Case studies of convertible bonds for M&A
- Valuation of convertible bonds
Read our Technical Update on Convertible Bond Issuance (Aug 2009)




