Fixed Income Instruments
FIN3020 - Assignment
guidelines
Outline
Use Bloomberg, S&P Capital IQ and other appropriate resources to write a report about the debt of a publicly listed company of your choice.
The deadline for submission of this assignment is 17:00 on 13th March.
Details
Part 1
While you may select any publicly listed company, you are advised to select a company that is well-known, has a non-trivial debt structure, and for which you can readily obtain a range of data over a reasonable time period. Equally, you may wish to avoid companies with overly-complicated capital structures.
Part 2
Compose a report on the company. The report should comprise of the following sections:
1. Introduction - a brief summary of the nature of the company’s business.
2. Debt Profile - a description of the total debt, maturity profile, security types, holders, etc.
3. Yield Analysis - a historical perspective on the cost of debt relative to appropriate bench-marks.
4. Credit Risk - a description of the company credit rating and how this has changed over time.
5. References in Harvard style.
Your discussion should include at least one reference to an article written by a respected source of financial journalism that helps to explain observed phenomenon in the market data. The report should be no more than four A4 pages in total (including all references). You are free to format the report in any manner you choose.