Debt and Covenants Course
Gain expertise in handling debt instruments, financial covenants, and strategies for breach mitigation. The course teaches building accurate debt schedules, modelling key metrics like Net Debt to EBITDA and coverage ratios, conducting scenario analyses, and negotiating waivers and amendments. This empowers you to preserve liquidity, anticipate risks, and fortify your capital structure effectively against financial pressures.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
This course equips you with essential tools to grasp debt instruments, capital structures, and covenant operations. You will master calculations for vital ratios, create precise debt schedules, and perform scenario and sensitivity analyses. Furthermore, discover strategies for mitigation, renegotiation techniques, and the actual legal and operational impacts of covenant breaches to foresee challenges and safeguard your organisation's adaptability.
Elevify advantages
Develop skills
- Model intricate debt structures by creating clear, presentation-ready debt schedules swiftly.
- Analyse financial covenants through computation of Net Debt, EBITDA, and coverage ratios accurately.
- Conduct covenant scenario testing to stress-test ratios and identify potential breach risks early.
- Implement effective breach responses including planning waivers, amendments, and mitigation measures.
- Optimise capital structure by evaluating options such as refinancing, equity raises, and asset sales.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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