§       Current developments of debt capital markets in Asia

§       Types of bonds – fixed, floating rate notes, zero-coupon bonds, high yield, convertibles/ exchangeables, etc.

§       Bonds compared to other sources of long term finance – e.g. loans, equity, etc.

§       Pricing of bonds – credit considerations

§       Primary vs. secondary markets: underwriting, legislative constraints, etc. 

§       Understand the role of credit ratings and the process

§       How ratings are assigned?

§       Issues concerning ratings post Lehman Brothers

§       Bond issues - overview

§       Structuring – contract, term, coupon rate, maturity, physical bond, etc.

§       Types of issues – private placement vs. public offering; domestic vs. international issues, etc. – and differences in the structure / documentation / approvals

§       Primary vs. secondary markets: underwriting, legislative constraints, etc. – differences in documentation and concerns

§       Legal status of bondholders as creditors: risks and how to address risks e.g. debt ranking, secured v. subordinated, etc.