Loan Structuring, Lbos & Acquisition Finance: An Essential Guide To Securing Finance

• Credit risk assessment – the latest tools and techniques
• How to structure loans, matching purpose with amount, repayments and term
• The major features of Leverage Buyouts
• Methods of Acquisition Finance including Equity, Debt, Mezzanine and Stock Swaps
• The nature and structure of Project Finance and Special Purpose Vehicles
• The very latest issues in the financial and corporate sector

Content:

Credit Risk Assessment & Credit Risk Practices

• Principles of Lending
• The Main Lending Facilities/Products
• Evaluating the Business & Industry Risk
• Credit Ratings
• The Use of Financial Statements to Assess Business Risk
• Evaluation Models in Excel

 Loan Structure

• Matching the Purpose, Amount, Repayments & Term
• Loan Documentation
• Loan Agreements & Covenants
• Interest Rates & Fees
• Pricing for Risk
• Linking Price and Risk to Capital Adequacy & Basle

 Leveraged Buyout (LBO’s)

• Leverage
• Collateral/Security for a Leveraged Buyout
• The Attributes of Good Bank Security
• Hostile Takeovers
• Reasons for LBO’s
• Reverse Leverage Buyout

 Acquisition Finance

• Mergers & Acquisitions: A distinction
• Valuing a Target Company
• Financing an Acquisition via Equity and Debt
• Mezzanine Finance
• Paper Finance (Stock Swap)
• The Impact on Shareholders

Project Finance

• What is Project Finance?
• Special Purpose Vehicle (SPV) & Parties to Project Finance Schemes
• The Structure of Project Finance Schemes for Infrastructure Projects
• Equity & Debt Financing
• Recourse & Non-recourse Finance
• Bonds; Guarantees and Letters of Credit

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.