Home > Distance Learning > On-Demand Webcasts

OD: How Changes in Debt Markets Affect Borrowing

Recorded: Tuesday, May 3, 2011 1:30 pm ET

Overview

Debt is a necessary financial tool that most institutions of higher education need to generate financial support for their missions.  The credit crunch of 2008-09 has had a significant impact on the debt market.  Interest rates are rising; covenants are becoming more restrictive; and the process of borrowing is more difficult to navigate. Changes in the debt market affect national bond markets, state bond programs, and local financial institutions.  These changes are having a profound effect not only on new bond issues but existing debt, and debt that is or must be refinanced. 

Presidents, boards, and CFOs who are planning new debt issues or refinancing existing issues, or renegotiating letters of credit need to be involved in this webcast. Understanding these markets and how to employ bonds –after careful risk analysis– is an imperative for institutions developing  debt financing and managing the refinancing of bonds and collateral instruments.

Participants will hear from the authors of the recent white paper New Realities in the Bond Market and upon registration will receive a complimentary copy in addition to other resources.

What You Will Learn:

• Gain a stronger understanding of the financial markets and the impact they have upon debt covenants and credit ratings
• What areas should institutions watch that may affect them in the future
• Identify needs for short- and long-term planning
• How to optimize the use of capital and construct a debt management framework in today’s ever-changing environment.

Who Should Participate?

• Chief Financial Officers
• Debt managers
• Presidents
• Accountants

Meet the Presenters:

• Jeremy Bass, Senior Managing Consultant, Public Financial Management, Inc.
• Michael Townsley, PhD, Author and Consultant, Stevens Strategy

Course Information:

• Course Level: Intermediate
• Length: 100 minutes
• Prerequisites: none

Fees