Mezzanine Finance Course

 Location: London (Central)

The importance and use of mezzanine finance has increased significantly in recent years and this seminar covers all of the major applications of mezzanine debt in buy-outs.

Particular emphasis is given to the structural aspects associated with the deploymewnt of mezzanine finance, including the potential use of warrants as equity kickers.

Mezzanine is also compared and contrasted with the different alternatives.

Course categories:Investment Banking / M & A Courses, Private Equity / Venture Capital, Private Equity / Venture Capital Inhouse

COVERED TOPICS

Background to Mezzanine

• Introduction to mezzanine (subordinated debt)
• Structure of the mezzanine market
• State of the market (factors and trends)
• Outlook for mezzanine

Use and Application of Mezzanine

• Private equity: LBOs, MBOs, P2Ps
• Acqusition finance (trade buyers, JVs, LBUs)
• Corporates (expansion, development capital, pre-IPO)
• Reorganisations / reconstructions (successions, equity release)

The Private Equity Firm’s Perspective

• Drivers in private equity
• Key reasons to use mezzanine
• Key issues

Types of Mezzanine: Overview

• Traditional mezzanine (with warrants)
• Warrantless mezzanine
• PIK preferred

Traditional Mezzanine (with Warrants)

• The basic product
• When are warrants justified?
• Benefits to issuers

Warrantless Mezzanine

• What is warrantless mezzanine?
• Use and application
• Warrantless vs traditional mezzanine

Mezzanine vs Other Forms of Junior Debt

• Mezzanine vs high yield
• Mezzanine vs CDOs
• Vendor loans

Documentation (the Investor’s Perspective)

• Typical terms of the mezzanine facility
• The intercreditor agreement

Major Legal Issues

• Subordination and ranking generally
• Contractual vs structural subordination
• Post insolvency
• Red alerts

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:

Registration price

650.00

Query Type

I want to book a seat on this eventI want more informationI have a questionI am looking for related / similar eventsI want this course as in-house courseI want to sponsor this eventI would like to speak on this eventOther

First Name

Last Name

Email

Telephone

Company

Job Title

Questions/ Additional Info

Price: 650.00 GBP
Location: London (Central)
Event date: 05.10.2012 - 05.10.2012
Event duration: 7h30
Event time: 09.30 h - 17.00 h

ADDITIONAL DATES

CONTACT US

Email: info@financialveritas.com

Phone: +44 208 133 5917