Accountancy Today

JUNE 2, 2025

FRP Corporate Finance has helped support technology firm, Tradeteq, on its sale to working capital structuring and advisory firm, Silver Birch Finance. The deal will allow Silver Birch Finance to increase its working capital volumes, while benefitting from Tradeteqs synthetic risk transfer solutions.

Corporate Finance

Benzinga

JUNE 11, 2025

Crescent will retain its branch and online retail banking platforms, as well as its commercial lending program, and Arra will become the servicer for Crescent's $815 million originated auto loan portfolio. As a well-established operator in the subprime auto financing space, Crescent has originated upwards of $5.3

Finance

Global Finance

APRIL 5, 2025

Bank of America Securities was in the thick of it, sponsoring several of the largest deals. Among the banks landmark deals, it acted as sole arranger of Ecuadors $1 billion sovereign debt conversion, targeted at preservation of the Amazons ecosystems, one of the largest of its kind completed to date.

Banking

Harvard Corporate Governance

JANUARY 31, 2024

Posted by Sanjai Bhagat and Henry Laurion, University of Colorado Boulder, on Wednesday, January 31, 2024 Editor's Note: Sanjai Bhagat is Professor of Finance, and Henry Laurion is Assistant Professor of Accounting at the University of Colorado Boulder Leeds School of Business. This post is based on their SSRN working paper. more…)

Banking

Equilest

OCTOBER 9, 2024

Understanding your company’s capital structure is essential for maximizing its value and ensuring long-term stability. Whether you're deciding how much debt to take on or how to manage equity financing, the right mix can lower your cost of capital and boost growth. Why capital structure matters for business performance.

Capital Structure

Brian DeChesare

JUNE 1, 2022

The power & utilities investment banking team has a reputation for being “boring.”. We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. ” Different banks classify their power & utilities groups differently.

Banking

Musings on Markets

JANUARY 11, 2024

I started in the MBA program at University of California at Los Angeles (UCLA) in 1979, at the tail-end of its basketball glory days, fully expecting to move on to a career in consulting or investment banking, when I was done.

Corporate Finance

Harvard Corporate Governance

FEBRUARY 2, 2024

Huber, Latham & Watkins LLP, on Tuesday, January 30, 2024 Tags: enforcement , ESG , Greenwashing , litigation , regulation , Stakeholders , Value chain Accounting Information and Risk Shifting with Asymmetrically Informed Creditors Posted by Tim Baldenius (Columbia University), Mingcherng Deng (City University of New York), and Jing Li (Hong Kong (..)

Debt Financing

Reynolds Holding

SEPTEMBER 11, 2024

We have argued that bank regulators should disclose more bank information than is now required. [1] In this post, we argue that supervisors should disclose specific aspects of bank examination ratings. Though bank examinations can play a central role in promoting the stability of banks and the U.S.

Banking

Reynolds Holding

MAY 29, 2024

Since the global financial crisis of 2007-2008, the corporate finance markets have been dramatically transformed. Most notable has been the rise of non-traditional providers of debt finance such as private credit funds, which now aggressively compete with traditional finance providers like commercial banks.

Corporate Finance

Brian DeChesare

SEPTEMBER 13, 2023

The catalysts could be anything from quarterly earnings announcements to covenant breaches to announcements of M&A deals, financings, or strategic reviews. How to Recruit for Distressed Debt Hedge Funds The best background is restructuring investment banking because the skill set is directly relevant.

Equity

Andrew Stolz

NOVEMBER 17, 2021

When I started in finance, buybacks were almost unheard of; now, companies prefer to distribute cash through buybacks. A second method is when the company uses its own cash and cash borrowed from a bank. This usually happens when a company is making a deliberate and significant change to its capital structure.

Dividends

Reynolds Holding

FEBRUARY 13, 2025

Private credit is a form of lending outside the traditional banking system that involves lenders negotiating directly with borrowers to originate privately held loans that are not traded in public markets. The business models of banks and private credit are often referred to as the moving business and the storage business, respectively.

Banking

Andrew Stolz

APRIL 3, 2020

Leveraged Buyout (“LBO”) is a quite common term in Corporate Finance field. It refers to acquiring a company (or its part) and financing it with debt. Financing spin-offs – when a company decides to sell a part of the company and the deal is financed by debt; Private deals – when e. Senior term bank debt.

Private Equity Firm

Brian DeChesare

FEBRUARY 9, 2022

Ask the average student or professional in the finance industry about their long-term career goal, and they’ll usually say, “ private equity mega-funds. ”. Recruiting: If you don’t work in one of the top groups at a bulge bracket bank (or an elite boutique ), you don’t have much of a chance at these firms.

Equity

Valutico

FEBRUARY 27, 2024

For central banks like the Federal Reserve, it helps control the economy. They set this rate to affect how much money moves through banks and influences short-term interest rates. We are going to focus on how discount rates are used in the context of investment, rather than in the context of central banks.

Discounted Cash Flow

Simply Treasury

AUGUST 2, 2022

The idea is not new to encourage companies to increase their capitalization and reduce their bank debt (partly through more recourse to the capital market - CMU project). If the non-deductible amount is less than 15%, then the deduction of net finance charges is capped at 85%. A very simple approach indeed.

Equity

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital

Valutico

APRIL 12, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital

Lighter Capital

FEBRUARY 13, 2024

Explore non-dilutive capital sources Growth can sometimes be too anemic to show the traction you need to woo investors and raise equity at the terms you want. Explore alternative funding sources beyond venture capital, like debt financing that won’t dilute your equity. Get Capital to Grow. Got Revenue? Keep Your Equity.

Equity

Reynolds Holding

AUGUST 22, 2022

These companies would probably have gone bankrupt without the forbearance of banks or regulators or other types of government or lender support, but their rise reduces economic productivity, limits healthy firms’ growth, and deters the creation of new firms (Caballero et al, 2008; McGowan, Andrews, and Millot, 2017). REFERENCES. Andrews, D.,

Banking

Scott Mashuda

JUNE 6, 2024

This comprehensive framework is designed to align the business owner’s goals across three areas: their business, personal life, and finances. Here’s how: During the Prepare phase, REAG’s expertise in capital stack structuring becomes invaluable for CEPAs and their clients.

Debt Financing

Appraiser Newsroom

JUNE 4, 2024

Kevin holds an MBA in finance from Georgia State University and a Bachelors in Chemical Engineering from the Georgia Institute of Technology. Finance Professor | Pepperdine Graziadio Business School Craig R. Everett is a finance professor at the Pepperdine Graziadio Business School. a Software as a Service company.

Business Valuation

Brian DeChesare

JULY 27, 2022

Structured Credit – Now you’re buying or selling pools of similar debt obligations rather than single securities or derivatives. See the Structured Finance article for more; subcategories include mortgage-backed securities (MBS), asset-backed loans (ABL), and collateralized loan obligations (CLO). See the example above.

Equity

Valutico

MAY 6, 2024

Valutico | May 7, 2024 Valuation is really important in finance. Valuation methods for mergers and acquisitions (M&A) are important for figuring out fair prices, negotiating deals, getting financing, and following rules. It’s about figuring out how much an asset or company is worth right now.

Discounted Cash Flow

Brian DeChesare

MAY 24, 2023

“Event-driven hedge funds” is one of the more confusing labels in finance. Capital Structure Trades – Or you could focus on Jacobs’ ~$4 billion in debt and long or short some of their bonds (or use credit default swaps) if you believe its credit rating will change once the deal takes place.

Equity

Reynolds Holding

MAY 10, 2023

Importantly, a de-SPACed company’s inability to access additional capital outside of bankruptcy does not mean that incremental liquidity will be unavailable in bankruptcy. Debtor-in-possession (DIP) financing is often available. million under senior secured, two-tranche term loan facility from Silicon Valley Bank $16.5

Going Concern Value

Shephard Mullin M&A

APRIL 21, 2020

State and local records should be searched for financing statements, tax and judgment liens and lawsuit filings in order to determine whether any of the assets that the purchaser desires to purchase are encumbered or are the subject of litigation. Timing of Closing.

Capital Structure

Brian DeChesare

AUGUST 10, 2022

With the possible exception of FIG , oil & gas investment banking generates the highest number of panicked emails and questions. But before delving into the exit opportunities and the long-term outlook, let’s start with the fundamentals: Oil & Gas Investment Banking Defined. Recruiting into Oil & Gas Investment Banking.

Banking

Reynolds Holding

JUNE 28, 2022

Dodd-Frank created a new financial regulatory landscape with intensified federal oversight and an extensive set of regulations on banks, such as stress tests and stricter capital, trading, loan, and mortgage underwriting standards (Acharya and Richardson, 2012; Richardson et al., billion for banks with more than $10 billion in assets.

Banking

Musings on Markets

FEBRUARY 27, 2023

Note that this framework applies for all businesses, from the smallest, privately owned businesses, where debt takes the form of bank loans and even credit card borrowing and equity is owner savings, the largest publicly traded companies, where debt can be in the form of corporate bonds and equity is shares held by public market investors.

Equity

Appraiser Newsroom

FEBRUARY 16, 2022

He has over 21 years of experience in corporate finance, specializing in business and securities valuations, real options and derivative valuations, and risk management. Bob Bartell, CFA , is president of corporate finance for Kroll. Harris Antoniades, Ph.D., Mr. Baker is also a representative of Independent Investment Bankers Corp.,

Intangible Assets

Class VI Partner

JULY 28, 2021

It is typically the highest risk/highest potential return portion of a company’s capital structure. Often these are companies that are being financed by a private equity or investment firm to do a “roll-up,” or series of acquisitions in a particular industry.

Book Value

Brian DeChesare

JUNE 29, 2022

Similar to private equity firms, they operate on longer time frames, influence companies’ operations and finances, and might catalyze major changes, such as spin-offs or acquisitions. The short answer is: “Work in investment banking , private equity , or both, and then use your deal experience to recruit for activist funds.”.

Private Equity Firm

Appraiser Newsroom

JULY 5, 2022

Anastis Anastasiou , MBA is a Director in the Forensic & Litigation Consulting segment at FTI Consulting , with an expertise in forensic finance, valuation, dispute advisory and financial investigations. Mr. Anastasiou specializes in digital assets and decentralized finance (“DeFi”).

Business Valuation

Simply Treasury

MARCH 25, 2020

After the 2008 Global Finance Crisis, everyone thought they saw the worst. Medicine terminology used by finance too. Contamination and contagion are also terms borrowed by finance from medicine. We are in the middle of the ford and will have to reach the opposite bank early on. Central banks are kind of “paper tigers”.

Banking