Course Detail

Distressed Debt Investing (35824, 50 Unit Course)

Course Description by Faculty

  • Sufi, Amir
  • Content

    This is an advanced corporate finance class designed to help students develop expertise on capital structure, corporate debt, credit cycles, and distressed debt investing. We will start with basic fixed income asset pricing terms and techniques. We will then review the types of debt securities firms issue with an emphasis on their priority over cash flows and their control provisions. We will discuss syndicated loans, asset-backed debt, private placements, direct lending (also referred to as private credit), and bonds. We will cover cases in which distressed debt investors evaluate investment opportunities, developing financial models to assess the value of the securities. We will also discuss the credit default swap market, and how it is used by investors in the distressed debt investor space.

    Class Meets Summer 2023:  8/14, 8/15, 8/17, 8/18, 8/19

  • Prerequisites
    Cannot enroll in BUSN 35824 if BUSN 35214 taken previously. 
    • No non-Booth Students

  • Grades
    • No pass/fail grades

  • No Syllabus Available
  • Summer 2023Section: 35824-88EMBA2 2:00PM-5:00PMHarper CenterC0350 Unit Course
Description and/or course criteria last updated: March 17 2023