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A Bank's Client Borrowers Are Continuously Seeking the Lowest-Cost Funding From Their Executive Management Boards - Encyclopedia Of Debt Finance.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c47540) has announced the addition of Encyclopedia of Debt Finance to their offering.

With contributions from the leading international financial institutions, the Encyclopedia of Debt Finance is an essential text for all new entrants into debt markets and a useful reference book for those already specialised in one area but seeking a broader perspective.

Introduction

With contributions from the leading international financial institutions, the Encyclopedia of Debt Finance is an essential text for all new entrants into debt markets and a useful reference book for those already specialised in one area but seeking a broader perspective.

A bank's client borrowers are continuously seeking the lowest-cost funding from their executive management boards. With the increasingly sophisticated and integrated debt capital markets over recent years, bankers are expected to have knowledge of the entire spectrum of debt products relevant to a client's situation and their credit standing. The Encyclopedia of Debt Finance includes a comprehensive examination of the short-term, medium-term and long-term markets covering:

* The commercial paper markets

* The highly flexible loans markets

* The US private placement market

* The medium-term note Medium-term note (MTN)

A corporate debt instrument that is continuously offered to investors over a period of time by an agent of the issuer. Investors can select from maturity bands of: 9 months to 1 year, more than 1 year to 18 months, more than 18 months to 2 years, etc.
 markets

* The bond markets

* The securitisation markets

* The covered bond Covered bonds are debt securities backed by cashflows from mortgages or public sector loans. They are similar in many ways to asset-backed securities created in securitization but covered bond assets remain on the issuer’s balance sheet.  markets for financial institutions

* The convertibles market

* Sukuk (Islamic Bonds) structures

You are provided with invaluable examples of the use of these markets in practice, including:

* How corporates and financial institutions can access the commercial paper market

* How to use the loan market for leveraged acquisition

* How to access the US private placement market

* How to set up a medium-term note programme

* How to finance projects

* How to finance aircraft

* How to enhance credit

* How to account for hybrid debt as equity; and

* The capacity of the covered bond market for new issues

Content Outline:

Foreword

Preface

Acknowledgements

Author biographies

Part I - Core products and issues

1 Commercial paper and medium-term notes

2 Syndicated loan Syndicated Loan

A very large loan in which a group of banks work together to provide funds for one borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks.

Notes:
Also known as a "syndicated bank facility.
 market

David Basset, Royal Bank of Scotland
This article deals with the retail bank. "Royal Bank of Scotland" can also refer to its holding company: Royal Bank of Scotland Group."


The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba
 

3 United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  private placements

Michael Thilmany, HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
 

4 The bond markets: focus on senior bonds, EMTNs, hybrids and high yield

Jean-Fran[?]ois Mazaud and Andrew Menzies, Societe Generale

5 Securitisation - core concepts

Sriram Soundararajan and Silvio Angius, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking.  

6 Covered bonds

Heiko Langer, BNP Paribas

7 Convertible bonds

Moorad Choudhry, KBC KBC Kenya Broadcasting Corporation
KBC Kaun Banega Crorepati (Indian TV show)
KBC Koahnic Broadcast Corporation (Anchorage, Alaska)
KBC Keyboard Connector
KBC Kill Before Capture
 Financial Products

Part II - Applications

8 Instruments for Islamic issuers

Hussein Hassan and Harris Irfan, Deutsche Bank AG London

9 Ratings

Gerry Rawcliffe, Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 

10 Commercial paper issuance - financial institutions and corporates

Andrew Ellis, Goldman Sachs

11 Leveraged acquisition finance and acquisition finance

David Basset, Royal Bank of Scotland

12 Project finance

Richard Cole and Paul Eardley-Taylor, HSBC

13 SES Global's billion dollar private placement

Michael Thilmany, HSBC

14 Hybrid bonds for corporates

Jean-Fran[?]ois Mazaud and Franck Robard, Societe Generale

15 Bank Capital: Tier 1, Upper Tier 2 and Lower Tier 2

Jackie Ineke and Christine Miyagishima, Morgan Stanley

16 The Italian state securitisations

Sriram Soundararajan and Silvio Angius, Lehman Brothers

17 Back to the future: aircraft portfolio securitisations

Cecilia Park, UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
 and Zarrar Sehgal, Milbank, Tweed, Hadley & McCloy

18 Development and structure of the jumbo covered bond market in Europe

Heiko Langer, BNP Paribas

19 Convertibles bond case studies

Moorad Choudhry, KBC Financial Products

Annex 1 - -termsheet for Gujarat NRE (Non-Recurring Engineering) Refers to the cost of creating a new product, which is paid up front. Contrast with "production cost," which is ongoing and based on the quantity of material produced.  Coke Limited convertible bond

Annex 2 - termsheet for USG (UNIX Systems Group) The division within Novell that was responsible for UnixWare. See USL.  People N.V. convertible bond Index

For more information visit http://www.researchandmarkets.com/reports/c47540
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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