How to pitch a bond

Question

I have to pitch a bond for a school program in 2 months. However, I have no clue about how to approach this and the pitch has to last 7 minutes (with visual support). Any resource or tips on how to pitch bonds would be greatly appreciated!!!

ValuePro · Accepted Answer

here’s a template, use a bullet point format for notes:

2 bullets on business size (EV) etc and how it generates revenue / credit rating
what’s the bond you are interested in. what’s the yield, maturity and start with context of what the capital structure is (net leverage, secured?)
valuation metric background. where are comps and where is this company trading. covered in a waterfall? what’s the bonds creation multiple? mention liquidity here and liquidity roll forward (do they have cash to get through a cycle.....)
catalysts and scenarios - what’s the path to get paid back?

Bumblebtuna_analyst · Answer

If you're pitching a bond you should bringing up a few things. First being what's the value behind it? What's its G spread, how does its G spread compare to similar credits, how does its G spread compare to other products in the fixed income space. The second thing I'd talk about is what's it rating, how has the issuer's credit looked like in the past. Then go over the intrinsics of the bond. Where does it fall in the capital structure? Is this secured debt, unsecured, subordinate, senior lien, and what are the benefits of this. What are cash flows backed by?

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How to pitch a bond

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How to pitch a bond

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