Most corporate financing transactions – large or small, public or private, simple or complex – follow similar paths.
Identification of a Capital Need –
– Acquisition financing, organic growth initiatives, debt refinancing, etc.
Review of Financing Alternatives –
– Equity, debt, equity-linked/convertible securities, bank loans
Investment Bank Input: the “Bake-off” –
– Strategic and transactional recommendations, market conditions/receptivity, credentials
Deal Structure & Bookrunner Selection –
– Decision on deal structure/strategy based on internal/external analysis and corporate needs/objectives
– Deal manager selection, negotiation of fees, incentives and syndicate members/economics
Deal Preparation –
– Document drafting, legal/regulatory/tax/accounting review, rating agency presentation(s), if required
– Development of marketing materials, management presentation review/refinement, press releases
Deal Launch/Marketing/Pricing –
– Document drafting, legal/regulatory/tax/accounting review, rating agency presentation(s), if required
– Development of marketing materials, management presentation review/refinement, press releases
– Deal timing, “go”/”no go” call, roadshow/investor calls, book building, pricing, settlement, greenshoe exercise, existing investor communication and after-market services
Throughout this process, issuers are required to negotiate or make decisions on a number of issues with little time for analysis or an incomplete understanding of the risks or variables to be considered. Many of these will have little impact on the outcome, but others are significant and represent points where leverage and financial flexibility may be preserved or lost and the course of the transaction may be incrementally, or even fundamentally, altered.
As experienced, unconflicted advisors, Aequitas Advisors provides clients with the technical expertise and understanding of product, process and deal dynamics required to more actively and effectively manage each stage of their transaction. The result is greater transparency and confidence in decision-making, heightened competition between service providers, lower fees, more efficient use of management time and, ultimately, a better structured, more comprehensively considered outcome.
Changing the paradigm lowers our client’s cost of capital.
Members of Aequitas Advisors LLC are registered with Zanbato Securities LLC. Securities products and services offered by Zanbato Securities LLC, member of FINRA and SIPC, and Zanbato UK, Ltd, member of FCA (together “Zanbato Securities”). Zanbato Securities LLC and Zanbato UK, Ltd are wholly-owned subsidiaries of Zanbato, Inc., which designs and develops software for private placement professionals. Zanbato Securities has no relationship with any entities mentioned outside of the Zanbato family of companies. Check the background of Zanbato Securities LLC on FINRA’s BrokerCheck. Neither the information nor any views expressed constitutes an offer or an invitation to make an offer, to buy or sell any securities or other investment or any options, futures or derivatives related to such securities or investments. It is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person who may receive this material.
CONTACT
Aequitas Advisors LLC.
1266 East Main Street, 4th Flr
Stamford, Ct. 06902
Phone:
203-352-2711
203-352-2710
Email:
[email protected]