Distressed/TWCF/Credit Courses
An astute observer of the financial markets understands the cyclical nature of the industry – average seven year peaks and troughs. The Fed and ECB's QE programs combined with BOJ's QQE stimuli packages have elongated the current "boom" market since the credit crisis – but rest assured, the next crash is around the corner. History indeed repeats itself, no matter how delusion we might be that the good times will last forever. In 2006, we were preaching to whoever would listen that there was a major dislocation in the market, primarily by analyzing deteriorating credit trends and the amount of cov-lite deals being executed. Sure, we were 18 months early and no, we did not know it would be real estate that would be the catalyst, nor did we predict the severity of the aftermath. Our cash from liquidated portfolios were idle, earning what seems now like a monstrously high 6% interest income, but once the credit crisis hit full steam, we sure deployed our capital and spare liquidity and dived right into the distressed market.
Wall St. Training's Distressed and Credit Boot Camp focuses on three major portions of the institutional distressed and credit world: (i) distressed investing and identification of the all-important fulcrum security; (ii) thirteen week cash flow modeling for companies in or about to be distressed; and (iii) analysis of credit agreements and covenants. Gear up for the impending crash!
- Distressed Financial Modeling: June 28, 2016
- 13-Week Cash Flow Modeling: June 29, 2016
- Credit Agreements and Covenants Analysis: June 30, 2016