Track: Corporate Finance and Capital Structure

The Fixed Income Private Placement Market: Trends and Insight

Wednesday, October 22, 2008
9:00 a.m. - 10:00 a.m.
Room: 511 ABC

The private placement market has expanded dramatically in terms of its global issuer base, and that expansion is expected to continue. This session will provide an overview of the market in terms of the types of companies that issue private debt, decision factors in comparing private versus public debt, typical financial covenants in private deals and an overall perspective on where this market is heading.

Speakers:

• Jigisha Desai, CTP
  Vice President and Treasurer
  Granite Construction Incorporated

• Stephen Mahoney
  Managing Director, Private Placement
  Bank of America

Objectives

• Develop a broader understanding of the U.S. private placement market
• Discuss where the private placement market fits into the overall credit markets
• Establish a context from which to make further inquiry prior to tapping the private placement market, or invest in private placements

Pre-Requisites

• Basic understanding of capital markets
• Interest in private placement market

Take-Aways

• List of resources to follow conditions in credit markets
• Recent issue of Private Placement Newsletter

CPA Field of Study: FIN