International Capital Markets and Loans  - 
NEW DIPLOMA!

This Diploma teaches the fundamentals and structure of International Capital Markets and Loans by reference to the law and practice of England and Wales. Participants also study the differing approaches in other jurisdictions.

Introduction to the international financial markets
• Who needs to raise finance?
• Who are the providers?
• The international nature of the markets
• An overview of the legal issues
• The role of lawyers

Loans
• Types of loans
• Due diligence
• The term sheet
• Legal opinions

Syndicated facilities
• Why use syndicates?
• Special legal and other issues for syndicates
• The role of the lead manager

The loan documentation
• Covenants
• Events of default
• Boiler plates etc
• Force majeure
• Choice of law
• Use of security

The capital markets
• Debt and equity securities
• Bonds
• Primary and secondary markets
• The role of the International Primary Markets Association

Types of bonds
• Legal nature and characteristics of bonds

The issue of a Eurobond
• The parties
• The documentation
• The terms and conditions

A study of bond documentation including drafting issues
• Eurobond listing particulars

A comparison of loans and bonds from both the legal and non-legal perspectives
• A case study involving financing for a major corporation which will
  focus on the various forms of finance