Remove Corporation Remove Debt Remove S&P
article thumbnail

Investors flock to investment grade debt markets

JD Supra: Mergers

In the US, investment grade corporate borrowers secured US$429.7 billion of financing in Q1 2024; the highest level of quarterly issuance since Q2 2020, according to S&P Global. By: White & Case LLP

Investors 177
article thumbnail

M&A Blog #16 – valuation (Discounted Cash Flow)

Francine Way

Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC). For interest income and expense, I prefer to state them as percentages of the average debt balance of the last two years. It is a good practice to verify the intended debt-vs-total-capital balance post-transaction when possible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

When Mike called me about the opportunity to join Conversant, he emphasised the firm’s long-term, buy-and-hold strategy, akin to private equity. There’s been a reopening in capital markets. It’s been busy. There’s a very healthy dialogue at all times at both the portfolio-level and the position-level.

Funds 59
article thumbnail

M&A Blog #24 - Merger Relative Valuation

Francine Way

Many things have happened since then, including having 2 Corporate Development & Strategy jobs with a large, domestic conglomerate in Jacksonville, Florida and a smaller international technology company in Seattle, Washington. As a Corporate Development & Strategy personnel, my task was to answer these questions.

Valuation 130
article thumbnail

Deal Diary: Wachtell, Kirkland Work Nasdaq, Adenza Tie-Up

The Deal

Reed and Michael P. Chief legal officer Joshua S. billion of debt issued before the deal’s closing, which the parties hope will occur in six to nine months. Avinash Mehrotra and Geddes Johnson at Goldman, Sachs & Co. Goldman Sachs Bank USA and JPMorgan Chase Bank NA are providing Nasdaq with bridge financing for the deal.

article thumbnail

Exit Planning Through an Investment Banker’s Lens

Focus Investment Banking

Corporate structure Whether youre a C-Corp or S-Corp can affect taxes at sale. Optimize Working Capital (One Year Ahead) What It Is: Net Working Capital (NWC) is Current assets minus current liabilities (A/R + Inventory A/P + Accrued Expenses), excluding cash, which you keep (in a typical cash-free, debt-free transaction).

article thumbnail

Profit and Loss Statement

Wall Street Mojo

A profit and loss (P&L) statement, sometimes called as an income statement, is a financial report that provides investors and outsiders with a financial overview of a company. The P&L outcome plotted on a trendline assists investors in understanding the organization’s performance over time.