International Equity Offerings Course

 Location: London (Central)

 Dates: 16.10.2012 - 16.10.2012  Duration: 7h30  Price: 675.00 GBP

The course covers the preparatory, marketing, regulatory and legal requirements for arranging and implementing an international equity offering. Participants will receive practical and detailed guidance on all stages of the process.

An international equity offering is discussed from a company’s point of view as well as from the perspective of the investment bank responsible for the flotation. A decision on whether to bypass a company’s local market is considered along with the prospect of combining a domestic public offer with an international private placing or, for larger companies, planning simultaneous public offers in several countries.

Particular attention is paid to the formulation of the investment case underpinning the attractions of a proposed flotation and to the subsequent marketing, bookbuilding and pricing of the shares to be offered.


Course categories:Accounting & Finance Courses, Asset Management Courses, Equities Courses, Investment Banking / M & A Courses, Private Equity / Venture Capital, Asset Management Inhouse, Equities Inhouse, Investment Banking / M & A Inhouse, Private Equity / Venture Capital Inhouse

COVERED TOPICS


Introduction

  • Reasons for an international listing
  • Advantages and disadvantages
  • Suitability for quotation
  • Contents of a prospectus
  • Methods of flotation
  • Advertisements

 US offers

  • Public offers, Regulation S-X & SEC Review
  • Rules 144 & 144a private placements
  • QIBs
  • Regulation S, Rule 10b-5
  • Ongoing disclosure requirements – Rule 12g3-2(b)
  • Documentation
  • The registration statement & Form F-1
  • Comment letters
  • The Red Herring & expressions of interest

 UK offers

  • Regulatory framework
  • EU Prospectus Directive
  • FSMA, FSA, UKLA, LSE
  • The Purple Book
  • Fixed price public offers & placings

 Preparation for flotation

  • Essential criteria for choice of investment bank
  • Pitching for the business
  • Considering the mandate
  • Appointment of the  investment bank
  • The lead bank’s initial decisions

The lead bank (sponsor to the flotation)

  • Orchestrating the issue
  • Global co-ordinator & bookrunner
  • Relationship managers
  • Equity capital markets department
  • Research & sales departments
  • Syndicate desk
  • Grooming & separation issues
  • Due diligence & verification
  • Managing conflicting interests
  • Valuing the company (DCF & comparables)
  • Considering the investment case
  • Syndication: purpose, structure & participants
  • Transaction management
  • Fees & costs

 Managing the flotation

  • Pre-marketing, formal marketing & the roadshow
  • Bookbuilding & bidding strategies
  • Timing, pricing & underwriting
  • Structuring the shareholder list & lockups
  • Launching the issue
  • Stabilisation & the Greenshoe option
  • Ensuring a successful flotation

REGISTRATION & PRICING INFORMATION

Contact us if you are looking to book multiple participants as we offer discounts as follows:

  • 1-2 participants - full price
  • 3-4 participants - 15% discount
  • 5-6 participants - 20% discount
  • 7-8 participants - 25% discount
  • Over 9 participants - 30% discount

For more information or to be contacted by the event provider please fill this form:

675.00
Required
Required
Required
Required
Required
Required
Required
Tooltip


Price: 675.00 GBP
Location: London (Central)
Event date: 16.10.2012 - 16.10.2012
Event duration: 7h30
Event time: 09.30 h - 17.00 h

ADDITIONAL DATES

Event Date Duration Venue Price Credits Signup
International Equity Offerings Course 16.10.2012 7h30 London (Central) Country: gb 675.00

CONTACT US

Contact Our Help Desk

Email: info@financialveritas.com

Phone: +44 208 133 5917

Skype Me™! Chat with us on        skype