As an Associate in the Debt Capital Markets team at FinCore Bank, I regularly use analytics tools to assist in debt structuring for our clients. Many of our processes are data-driven, with Excel, MATLAB, and SQL forming an integral part of our toolkit.
In one of our significant projects, we structured a complex convertible bond for a technology firm looking to raise debt capital. I employed Excel's Solver function and MATLAB's computational capabilities to model different scenarios and assess their associated risks. We also used SQL extensively to manage and query our large financial databases.
The convertible bond issue was a success, with the client raising $100M plus an over-allotment option. The optimization carried out using analytical tools was instrumental in structuring the terms of the instrument in the client’s best interest, validating our decision-making approach.