Redcliffe Training Associates courses

...based pricing Using binomial option models Simplifying real option analysis using the Black Scholes model problems using the Black Scholes model for valuation... Learn about: Advanced Valuation Techniques...

...Course Overview: This programme is aimed at practitioners in corporate finance. It is designed to provide a toolkit on fixed interest financing options... Learn about: Fixed Income, Covered bonds...

...claims The new Entrepreneurs’ relief as it applies to shareholdings Tax advantages of investing in EIS and VCT shares... Learn about: Private client, Tax issues...

...issues Target’s situation Distressed seller Distressed target Exploring the Seller’s options – to mitigate risk Dual / triple track approach... Learn about: Corporate Banking, Corporate Financing...

...managers Collateral Management Agreeement (CMA) Negotiating CMA documents Reviewing components of the CMA Tolling finance Performance and country risks...

...Reviewing summary information on a company to determine which areas need investigation and who should have responsibility for the task Structuring... Learn about: Buying companies, Company Law...

...Bridging the valuation gap Warranties, disclosure letter Buyer / vendor conflict Time limits, caps Completion accounts Comfort letters Alternative outcomes... Learn about: Mergers and Acquisitions, Sale & purchase...

...(Rule 10) Subjectivity and pre-conditions (Rule 13) Partial offers (Rule 36) Multiple classes of share capital (Rule 14) Convertibles and warrants... Learn about: Takeover code...

...and quantified financial benefits statements (“QFBS”) Revised definitions Modified requirements during offer period or after approach Proportionate requirements... Learn about: Schemes of Arrangement, Consensus Forecasts, 10 Year Rule...

...offer announcement and timing Advantages of an auction When should Target refuse to talk? When to open up books? Forecasts and undertakings Profit/dividend... Learn about: Mergers and Acquisitions, Corporate Finance, Takeover code...

...30% discount per participant Course Content: Advising the Purchasers Purchase of shares or assets? Tax relief for goodwill and intangibles Capital allowances considerations... Learn about: Tax Warranties, Capital Gains, Pre-sale Planning...

...capital structure) Structuring transactions Implications for headline press announcements Asset/ share transactions Cash free/ debt... Learn about: M&A Financing, Debt Financing, Financing Matrix...

...A high price is no good to a seller if a large portion of the proceeds of a sale needs to subsequently be handed back to a buyer in order to compensate for breaches of warranty... Learn about: Side Letters, Purchase Agreements, Comfort Letters...

...(eg limited partnerships) Disadvantages of sale and leaseback techniques for vendors The position of the investor Case Study: International Accounting... Learn about: Discounted Cashflow, Alternative Methods, Risk Management...

...costs Methods of evaluating costs Sources of cost estimation Incurable and curable depreciation Market extraction method Exercises: Delegates will... Learn about: Lifecycle Costing, Rental Income, Net Operating Income...

...have arisen due to changes in existing market practices and the emergence of new ones. In addition, the course looks at important Technical Notes on... Learn about: Adobe Premiere...

...asset and other multiples used for valuation Understanding why different multiples are used for different valuations Benefits and drawbacks of relative...

...defining "Firm Value", the markets approach to valuation, the rationale for comparable analysis, a detailed review of all the valuation ratios used... Learn about: Valuation Techniques...

...models Retentions and growth Modelling issues and buy-backs Target financial gearing Participants model simple accrual of retentions and then add a routine... Learn about: Corporate Finance, Introduction to modelling...

...Role and influence of LMA documentation Scope of the Loan General structure and function of the Loan and Schedules Borrowers, Obligors, Guarantors... Learn about: Repayment and Cancellation, Current Trends, Inter-creditor Issues...