Thomas-Jacquot-wire

Thomas Jacquot

Head of Research

Thomas joined FIIG Securities in March 2018 and is responsible for credit research for infrastructure & resources companies. Thomas has over 15 years’ experience in credit and fixed income markets across Europe, Asia and Australia.

Prior to FIIG, Thomas spent seven years at S&P Global Ratings, covering infrastructure and utilities in Asia Pacific. During that time, he covered companies like Sydney Airport, Transurban or Origin Energy.

His experience also includes about ten years arranging, structuring and underwriting infrastructure-backed bonds in London and Sydney. Thomas started his career with the Bouygues group, a large French conglomerate with interests in construction, media and telecom.

Thomas graduated as an engineer from Ecole Centrale de Lille in France.

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General

Covenants and security, here to protect noteholders

In our view, covenants are one of the most important protections for investors in high yield bonds as they ensure that issuers will operate within relatively tight boundaries so that credit quality is at least maintained at certain levels and, in some cases, improved over the life of the bonds.

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