Stephanie M. Scola, Delaware Director of Bond Finance presents on the topic of Bond Finance.
Agenda:
•Introductions
–State
level Issuers
–Other
Issuers
•The
Need for Capital
•The
Financial Markets – Money Markets vs. Capital Markets
–Municipals
vs. Corporates
•Bond
Price and Yield
•Bond
Math
•Discount
Rates and Credit Risk
–How
is Risk Determined
–S&P’s
Credit Criteria
•The
Delaware Process
–The
Projects
–The
Factors Affecting Timing
–Negotiated
vs. Competitive and Retail vs. Institutional
–Refinancing
–The
Ratings Meetings
–Structure
•Delaware’s
Debt Profile