CCB Overview
Corporate banking usually covers companies above this revenue threshold.
What is >$500mm?
Name all of the “Big Three” rating agencies.
What are S&P, Moody’s, and Fitch?
This on-balance sheet product provides a single lump sum to a borrower, repaid over time on a set schedule.
What is a term loan A?
Put these milestones in order for a typical debt financing process: Execution, Needs Assessment, Approvals/Pitch, Closing, Client Prospecting.
What is the sequence: Client Prospecting → Needs Assessment → Approvals/Pitch → Execution → Closing?
Among product partners, this is typically the most lucrative cross sell for wallet capture—driving sticky, recurring fee revenue via operating accounts, payments, liquidity, FX, and merchant services
What is Treasury?
A $75mm-revenue regional distributor needs a revolver.
What is Commercial Banking?
Secured vs. unsecured and pledged assets define this C.
What is Collateral?
This off-balance sheet instrument is a bank’s promise to pay a beneficiary if the applicant fails to perform or pay; it only becomes funded if drawn.
What is a standby letter of credit?
This section involves building and prioritizing a target list, segmenting prospects by credit profile and ownership type, mapping decision-makers such as CFOs and Treasurers, and timing outreach around triggers like facility maturities or M&A activity.
What is Client Prospecting?
Your client wants to raise term funding in the bond market rather than via a bank loan; which product partner leads, and how does the path differ if the issuer is above BBB versus sub-BBB?
What is DCM – IGF vs. LevFi
In corporate banking, list the promotion ladder.
What are Analyst → Associate → Vice President → Director → Managing Director?
Ratio family answering “Can we pay short-term obligations?”
What are liquidity ratios (e.g., current, quick, cash)?
Many revolving credit facilities include this sublimit for same-day, short-term borrowings to manage intraday liquidity; it’s typically fronted by the admin agent and must be repaid within a few business days.
What is a swingline (loan)?
In syndication, this type of commitment shifts funding risk to the arranger until syndication clears, whereas this alternative only commits the bank to try to place the deal without guaranteeing full funding.
What is an underwritten (firm) commitment versus a best-efforts syndication?
The multi-day marketing process where management meets investors via in-person/virtual NDRs to present the story, handle Q&A, and build the order book ahead of pricing.
What is a roadshow?
A revolving facility that lets a business borrow, repay, and borrow again.
What is a line of credit?
Deals-based method reflecting real acquisition prices and control premiums.
What are precedent transactions?
In asset-based lending, availability to borrow is governed by this formula that applies advance rates to eligible receivables and inventory, net of reserves.
What is the borrowing base?
This section of the debt lifecycle involves clearing compliance gates, setting bank economics and limits, and building the IC memo.
What is Approval/Pitch?
n ECM, this stabilization mechanism lets underwriters allocate up to 115% of the deal, creating a short that can be covered by buying shares in the aftermarket to support the price or by exercising an option (typically within 30 days) to purchase additional shares at the offer price.
What is a greenshoe (overallotment option)?
Cross-divisional coverage in corporate banking commonly interfaces with these three IB groups.
What are DCM, ECM, and M&A?
This long-term category signals “high yield” or “junk.”
What is BB+ and below (S&P/Fitch) or Ba1 and below (Moody’s)?
This issuer-friendly call right becomes available after a non-call period when the stock trades above a set threshold (e.g., 130–150% of the conversion price) for a specified number of trading days; it permits redemption at par (plus accrued) to effectively force conversion, subject to notice mechanics and trading-day tests, and often interacts with capped-call overlays.
What is a provisional (soft) call right on convertible notes?
This section of the debt lifecycle involves QBRs with the CFO/Treasurer, preempting maturities, and cross-selling treasury?
What is Closing/Relationship Management
For investment-grade issuers, ECM partners with IGF and Syndicate to help shape the issuer’s presence across maturities—choosing tenors, timing taps/reopenings, maintaining liquid on-the-run benchmarks, staggering maturities, and pairing new issues with tenders/exchanges—to lower the weighted average cost of debt and support secondary liquidity. Name this practice.
What is yield curve management?