Structuring Leveraged Buy-Outs

Features of Leveraged Finance and Buy-outs: Market trends: leveraged debt market, leverage multiples, capital structures and parties, Distinction between ‘ordinary’ leveraged finance, primary buyouts, secondary buyouts etc, Key parties to a leveraged transaction and their motivations and how this impacts transaction structures Funding Instruments: An overview of corporate funding strategy and on the key characteristics and features of the main funding instruments used in leveraged transactions Forecasting Performance: Forecasting company cash flow with a view to assessing sustainable leverage, Set cash flow assumptions, sensitize forecasts and benchmarking against sector peers using a prepared forecast excel model. Structuring Leveraged Transactions: Participants will learn how to structure leveraged transactions including identifying the appropriate amount of debt, using different debt instruments and understanding characteristics and relationships of the various debt instruments.