We are thrilled to introduce an exciting new initiative to celebrate our Back to School promotion. Our founder, Sabrina Fox, recently introduced a powerful tool for comprehending the complex world of high yield bond covenants - the High Yield Bond Mind Map. This innovative resource promises to revolutionize the way you analyze high yield bonds.
Through our Mind Map, we explore critical provisions necessary for understanding documentary risks in high yield bonds. Drawing on her two decades of experience, Sabrina notes that redemption provisions are the ideal entry point for analyzing deals. It offers an important (it's a commercial term) but not overwhelming (there's not so much legalese) introduction to the analysis, making it an accessible starting point.
We explore several key aspects of high yield bond redemption provisions. In her recent explainer video, available on our YouTube channel, Sabrina reviews the optional redemption schedule, non-call period, make-whole redemption, 10% at 103% provision, and the Equity Claw. These provisions play a pivotal role in lenders’ potential returns and understanding them is crucial for informed decision-making.
Our Mind Map includes sustainability step-up redemption provisions, a relevant topic for sustainability-linked high yield bonds. We break down the sustainability step-up redemption provisions, guiding the analysis of baseline measurements, compliance certificates, and adjustments in the event of a material transaction.
We are delighted to share this new resource with you and can’t wait to reveal more exciting announcements as part of our Back to School promotion. For those interested in a more immersive learning experience, our hybrid training program combining in-person sessions with online access is designed to support learning and knowledge retention.
Stay tuned for more compelling insights on analyzing high yield bonds, straight from Sabrina Fox herself. Let's journey together into the fascinating world of high yield covenants and equip ourselves with the knowledge and tools necessary for confident investment decisions.