ECTS : 3
Description du contenu de l'enseignement :
16-Janvier
8h30-10h45 - Chloé Miniere, Tiphaine Chavent & Aurelie Salmon: Presentation of the curriculum & How ratings are manufactured (use of ratings)
10h45-12h45 - Sophie Berthelon & Jennifer Paul: Rating Theory & Rating Definition and Methodology
23-Janvier
8h30-10h45 - Marie Fisher-Sabatie & Zhuorui He: CFG – Investment grade (focus on the business profile, methodology scorecard and peer group analysis)
10h45-12h45 Francesco Bozzano & Alan Torres: CFG - Leveraged Finance (focus on financial profile - the enterprise value to the LGD model)
30-Janvier
8h30-10h45 - Yasmina Serghini : ESG in Credit Ratings
10h45-12h45 - Olivier Guelaud (external speaker) the voice of an Issuer” led by Oliver Guelaud, ex Group Treasurer at Pernod Ricard. Overview of the rating experience from an issuer standpoint. How ratings are used, what is required. Approach to M&A and event risk
25-Fevrier
8h30-12h45 - TEST (case study)
Compétence à acquérir :
Understanding the role played by rating agencies in capital markets and get a grasp of rating methodologies.
Mode de contrôle des connaissances :
Étude de cas