I was fortunate, last week, to participate
in a seminar on ‘Emerging Markets Credit Fundamentals’ at the George Washington
University in Washington, DC on October 9, 10 & 11. The intensive three-day workshop was run by Moody’s Analytics, a unit of Moody’s
Corporation, and covered business and financial risk grid analysis, equity
investment assessment, analysis of cash flow statements, sources of collateral
and the realities of risk mitigation in area of development finance.
The training was designed to assist in evaluating companies seeking to
acquire debt financing to fund new overseas development projects and
expansions. I have to admit, I'm not a financial or numbers guru, but Moody's presenter Dennis Blum did an outstanding job of guiding our group of 40-or-so participants through some very complex concepts.
The seminar
was timely and very informative for me. Since HMA works with
governments and trade associations interested in developing opportunities in
the US market, it helps to understand what lenders look for when examining company financials. And now that HMA is also an independent loan originator with access to
debt and equity finance sources inside and outside the Federal Government for US
companies seeking to establish new projects or expansion overseas, it was a critical step forward in our growth of service to clients.
