This course explores the extraordinary assortment of investment and financing alternatives available in today's global capital markets. The program focuses on both the enormously liquid U.S. domestic and international markets. Government bonds, corporate securities of all risk categories and Euro-markets are treated extensively, as well as the syndicated bank loan market. Participants learn what the various securities are, when they are suitable for different issuers or investors, how they are constructed, the risks they pose, and how to value them. This is explained against a backdrop of national economic policy, with an emphasis on the role that central banks play in influencing the selection of debt instruments and the timing of issuance. Additionally the role of bankers and interplay with other securities professionals, legal counsel, etc. in bringing issues to market is described step by step.
COURSE OBJECTIVES:
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Government Securities and Yield Fundamentals
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Central Banks and Capital Markets
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Short, Medium and Long Term Funding and Investment Alternatives
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The Role of the Credit Rating Agencies
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Impact of Hedge Funds in the Market Place
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Valuing Equity Securities
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Mergers & Acquisitions Transactions
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Convertibles and Debt with Warrants
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Futures, Forwards, Swaps and Options
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International Linkages: Foreign Exchange Markets
WHO SHOULD ATTEND?
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Heads of Training
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Graduate Trainees
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Accountants
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Bankers
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Lawyers
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Financial Journalists
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Credit Analysts
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Back Office Staff
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Meg Osius
Margaret Osius specializes in capital markets, and risk management, as well as international project finance. She works with corporations, financial institutions, public agencies, law firms, and private equity investors. Training and advisory work has covered approaches to financing infrastructure build-out and facilities acquisition, selecting among debt, equity, and hedging alternatives, and related topics. She has considerable professional experience with the oil and gas, power, transport, and telecom sectors.
Ms. Osius began her career at JP Morgan Chase Manhattan Bank, where, as a Vice President, she structured highly leveraged transactions and project financings and advised clients on foreign exchange and other price risk management strategies. Ms. Osius was responsible for a team of analysts responsible for evaluating the quality of the bank's global loan portfolio as well as that of its newly acquired affiliates. In that role she had extensive experience with workout and distressed debt.
Ms. Osius has published articles in the business press and co-authored several self-study guides covering international project finance, trade and export finance, foreign exchange, and financial futures. The World Bank has published her articles on approaches to financial analysis in emerging markets. She is a primary speaker in a series of video sessions created to cover the topic of Sound Banking Principles during executive training sessions in Moscow.
Until 2008 Ms. Osius was Chair of the Technical Advisory Panel (TAP) of the Public Private Infrastructure Advancement (PPIAF that provides technical assistance to emerging market governments. She is a member of the council on Foreign Relations and received an M.B.A. from INSEAD, the European Institute of Business Administration. Her B.A. degree is from Princeton University.
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