London 11-12 May 2015
Understand the benefits and risks of equity and debt finance for shipping by attending the Baltic Exchange’s Ship Finance Executive course. We examine equity and debt finance for shipping companies looking for capital and investors considering shipping as a market.
Using a variety of real-life examples, course participants will learn how an IPO is made, what to look for when choosing an underwriter, how to identify an underpriced IPO before it is made public using only publicly available information, how to issue a high yield bond and how to calculate the probability of a high yield bond default.
A limited number of seats are still available. Book your place today.
Day 1: Banking and Equity Capital Markets
Introduction to Ship Finance
– Bank Ship Finance
Equity Public Offerings
Financial Strength & Ranking of Public
IPO Case Study
The Under-Pricing of Shipping Stocks & Theories Explaining the Phenomenon
– Factors affecting first trading day returns of shipping stocks
– Advantages and disadvantages of using shipping high-yield bond market
Probability of Default for High-Yield Bond Issues in Shipping
Portfolio Management of Shipping Loans
Shipping Sentiment, Cycles & Shipping Investment
Shipping stocks, index tracking and trading
Professor Nikos Nomikos
– Director of Shipping, Trade & Finance course at Cass Business School
Dr Nikos Papapostolou
– Senior Lecturer in Shipping Finance at the Costas Grammenos Centre of Shipping, Trade & Finance at Cass Business School
Who should attend?
– Managing Directors
Click here for online booking or contact Bill Lines for further details.
This course is one of a series of courses run by the Baltic Exchange throughout the year in London, Singapore and New York.
Other courses include:
– Freight Derivatives & Shipping Risk Management
See www.balticexchange.com for further details