Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work? How does Collateralized Debt Obligation (CDO) Work? CDOs provide investors with a diversified portfolio of debt instruments across different risk levels.

Debt 52

Debt Banking Bank Investors 52

OfficeHours

OCTOBER 16, 2023

For the average person, rising interest rates are not ideal for those with significant amounts of debt, those looking to purchase a home with a mortgage, or many other use cases. Once the cash available is used to service the debt, whatever is left over is paid as dividends and used to calculate returns for private equity investors and LPs.

Investors 130

Investors Private Equity Debt Equities 130

Cooley M&A

OCTOBER 12, 2022

On September 28, 2022, Cooley sponsored the third virtual event in Axios’ Dealmakers series: A Conversation on M&A in Today’s Market. The event highlighted discussions surrounding the ever-changing dealmaking landscape of today and the impact of a recession on the future of the market. Check out the recorded event >.

M&A 52

M&A Valuation Private Equity Finance 52

RKJ Partners

AUGUST 6, 2017

Capital is generally grouped into three main classifications: Senior Debt, Mezzanine Capital and Equity Capital. Most entrepreneurs are very familiar with senior debt offered by traditional banks. Senior debt is first in seniority and is often secured by collateral in the form of a lien.

Debt 40

Debt Capital Raising Capital Equities 40

Shearman & Sterling

MAY 11, 2021

The Court found that DecoPac had not suffered a Material Adverse Event ("MAE") and had complied with its ordinary course of business covenant, but that the buyers breached the purchase agreement because they had not used reasonable best efforts to secure the debt financing necessary to close the deal and their actions had caused the debt financing (..)

Business 52

Business Debt Finance Finance 52

OfficeHours

OCTOBER 16, 2023

Once I started working in finance, I educated myself on different investment types, what effective budgeting really meant, and where I should be putting my money to maximize return and diversification. The advice below is not financial advice, but simply learnings I have put together after working in finance for several years.

Debt 113

Debt Investment Healthcare Accountant 113

The M&A Lawyer

SEPTEMBER 23, 2015

” Thus, the MAE qualification renders some adverse events irrelevant and non-actionable under the agreement. In both contexts, however, the seller will want to minimize the likelihood of occurrence of an MAE by narrowing which events and circumstances will satisfy the definition, and the buyer will seek to achieve the opposite.

M&A 130

M&A Mergers and Acquisitions Negotiation IT 130

Wizenius

MAY 4, 2023

As a finance student, you'll likely come across the term "term sheet" when studying investment banking and finance. In investment banking, a term sheet is a non-binding document that outlines the basic terms and conditions of an investment or financing deal between two parties. What is a Term Sheet?

Investment Banking 52

Investment Banking Investment Banking Bank 52

Global Banking & Finance

DECEMBER 23, 2024

billion ($2 billion) including debt. It streams several thousand sporting events with […] (Reuters) – Sports streaming platform DAZN has agreed to buy News Corp’s Australian cable TV unit Foxtel for A$3.4 Here are some details about the company and its owner: WHAT IS DAZN?

Debt 52

Debt IT 52

OfficeHours

OCTOBER 17, 2023

Once I started working in finance, I educated myself on different investment types, what effective budgeting really meant, and where I should be putting my money to maximize return and diversification. The advice below is not financial advice, but simply learnings I have put together after working in finance for several years.

Private Equity 130

Private Equity Debt M&A Investment 130

Shearman & Sterling

MAY 11, 2021

The Court found that DecoPac had not suffered a Material Adverse Event ("MAE") and had complied with its ordinary course of business covenant, but that the buyers breached the purchase agreement because they had not used reasonable best efforts to secure the debt financing necessary to close the deal and their actions had caused the debt financing (..)

Business 40

Business Debt Finance Finance 40

Focus Investment Banking

JANUARY 28, 2024

In the event of a sale, would it be you who is receiving liquidity—or are you the one providing it? The younger partners were presented with a dilemma: They could each increase their stakes in the business and collectively control it but would have to take on—and be personally liable for—the $25 million in debt. If so, congratulations.

Professional Services 52

Professional Services Sale Private Equity Debt 52

Mergers and Inquisitions

NOVEMBER 22, 2023

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

Bulge Bracket 105

Bulge Bracket Banking Bank Boutique 105

Peak Frameworks

SEPTEMBER 19, 2023

A classic example of T-Bills in action occurred during the European Sovereign Debt Crisis. Investors, wary of the uncertainties in European debt markets, turned to U.S. Debt Ceiling Crisis , T-Bills experienced an unusual yield spike as investors momentarily questioned U.S. Represented by the full faith and credit of the U.S.

IT 52

IT Government Investors Economics 52

Cooley M&A

MAY 21, 2021

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable.

M&A 40

M&A Debt Private Equity Finance 40

Peak Frameworks

OCTOBER 17, 2023

Commercial paper is a form of unsecured short-term debt. Because of its short duration, commercial paper allows issuers to manage immediate liquidity needs without locking into long-term debt. For instance, a company might issue commercial paper to finance inventory ahead of a peak selling season, repaying it once sales are realized.

Debt 52

Debt Finance Finance Funds 52

The Deal

JUNE 23, 2023

The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations. The San Francisco company does not disclose finances. However, Moody’s Investors Service Inc.

Debt 52

Debt Middle Market Capital Profitability 52

Chesapeake Corporate Advisors

SEPTEMBER 13, 2024

Growth strategy following a transaction is the key to ensuring that all parties are satisfied with the partnership when the time comes for a second liquidity event. Use of Leverage Private equity firms often use debt to finance acquisitions to maximize the returns they receive on their investments.

Private Equity 52

Private Equity Funds Equities Debt 52

Peak Frameworks

SEPTEMBER 11, 2023

The world of finance and investing has seen a wide array of structures and tools being developed over the years to facilitate transactions, manage risk, and maximize returns. In the event of the parent company's bankruptcy, the SPV remains solvent, and its obligations are not affected. Why Do Companies Use SPVs?

IT 52

IT Debt Private Equity Investors 52

Peak Frameworks

MAY 8, 2024

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. This means that in the event of legal action or debt defaults, members' personal assets like homes, cars, and savings remain shielded.

Corporation 52

Corporation Business Finance Finance 52

How2Exit

MAY 22, 2023

He started looking for an online business, but he couldn’t get any financing. He then realized that he could get financing if he bought a company with assets. Finally, debt financing is another way to access money for acquisitions. He found a book printing company that was doing eight million in revenue.

Business 130

Business Book-building Acquisitions Investment 130

RKJ Partners

AUGUST 6, 2017

The ideal goal is to obtain financing that will work for the company over the next five years. Strategy 3: Consider Financing Sources Beyond the Bank Beyond the traditional banks there are pension funds, specialty lenders, BDOs and other financial institutions that provide capital. The projections should be optimistic yet achievable.

Capital Raising 40

Capital Raising Capital Debt Finance 40

Peak Frameworks

SEPTEMBER 19, 2023

Principles of Natural Law in Finance In the world of finance, three primary principles derived from Natural Law play a crucial role: Universality : Just as laws like gravity apply everywhere, certain principles in finance, such as risk and reward, are universally recognized.

Business 52

Business Finance Finance Investment Banking 52

Software Equity Group

AUGUST 24, 2023

Recapitalization is a process of restructuring a company’s debt and equity mix, also known as its capital structure. Selling a portion of the business also means giving up some control and share in future liquidity events, however. In the software industry, debt recapitalization can be a particularly useful tool.

Debt 52

Debt Equities M&A Investors 52

Mergers and Inquisitions

FEBRUARY 28, 2024

Partially, it’s an issue of accessibility: Everyone understands what happens to the stock price if a company beats earnings… …but few people understand what it means if a company is set to violate a debt covenant on page 214 of its credit agreement. the appropriate debt vs. equity mix, and additional capital needs over the next few quarters.

Equities 59

Equities Debt Asset Management Recruitment 59

How2Exit

APRIL 9, 2023

Michael and his wife have achieved success without taking on any investors or business agents, and without any debt in their balance sheets. They have been able to acquire big finance assets like Points Guys and make a killing. AI is already being used in many industries, from healthcare to finance. billion monthly users.

M&A 130

M&A Media Mergers and Acquisitions Business 130

Midaxo

APRIL 25, 2023

This team should consist of representatives from key departments, such as finance, legal, HR, IT and operations. Professional networks and industry events: Leverage your professional networks and attend industry events to gather insights and identify potential targets. Identify any potential financial risks or red flags.

M&A 130

M&A Consulting Mergers and Acquisitions Valuation 130

OfficeHours

JULY 18, 2023

It quickly became uneconomical for exploration and production companies to keep on drilling, meaning there was no need for the equity and debt capital that was typically raised on a quarterly basis. The implications of these events were massive, fueling fear and speculation that other countries would similarly leave the EU.

Investment Banking Analyst 130

Investment Banking Analyst Recruitment Funds Investment Banking 130

Devensoft

JUNE 1, 2023

Debt and liabilities: assess the company’s debt levels and liabilities to determine whether it can manage its obligations during economic uncertainty. What is the target company’s current debt position, and what is their plan for managing any potential financial risks that may arise due to the economic uncertainty?

Economics 98

Economics M&A Management Financial Statement 98

Focus Investment Banking

OCTOBER 30, 2023

While overall M&A activity among tire retailers, wholesalers and commercial tire dealerships remains active but noticeably slower, it’s harder for wholesalers and commercial tire dealerships to have a sale event as compared with retailers. The debt in an ESOP is very, very difficult to restructure,” says Beard. “In It's deferred.

Debt 52

Debt Retail Business Private Equity 52

How2Exit

MARCH 24, 2023

Through his experience, he learned the power of leveraged buyouts and how they could be used to finance acquisitions. This involves stacking different ways to fund the purchase, such as seller financing, an earnout, and asset-based lending. Seller financing is the most favorable option, as it comes with the least restrictions.

M&A 130

M&A Business Mergers and Acquisitions Investors 130

Mergers and Inquisitions

AUGUST 2, 2023

Normally on this site, I write about a mix of careers, sectors within finance, financial modeling topics, and current events. Again, you could ask this same question in 2 sentences: “Quick question – with the financing fees, you’re not factoring in the refinanced debt if the acquirer repays and replaces the target’s debt.

Investment Banking 59

Investment Banking IT Finance Finance 59

Cooley M&A

MAY 11, 2020

However, some MAE definitions have a second prong – for events that would prevent, impair or materially delay the ability of a company to perform its obligations under the merger agreement or consummate the deal – and, importantly, the long list of MAE exclusions often does not apply to this second prong. The return of the financing out?

Mergers and Acquisitions 40

Mergers and Acquisitions M&A Finance Finance 40

Software Equity Group

JUNE 27, 2023

For the sake of simplicity, this example assumes you own 100% of the company’s equity, have an aggregate $5M of bank debt and transaction expenses, and both offers assume $20M is financed by the buyer through debt. You would make $95M after paying off the company’s debt and transaction expenses.

Equities 52

Equities IT Private Equity M&A 52

Mergers and Inquisitions

MAY 15, 2024

If you Google this topic and look at the results, you’ll find articles and discussions about LBO models and points like the returns attribution analysis : This type of “value creation” measures the returns sources in a buyout deal: Debt paydown vs. multiple expansion vs. EBITDA growth. Why is PE Value Creation Suddenly “Hot”?

Private Equity 105

Private Equity Equities Consulting Recruitment 105

The TRADE

JULY 7, 2023

These legacy systems are entrenched in manual processes and siloed data, resulting in costly errors and expensive technical debt. In contrast, Clear Street is building a unified platform using cloud-native, event-driven, and horizontally-scalable technology. This API-first approach lets us seamlessly add new capabilities.

Capital Market 52

Capital Market Risk Management Investment Banking Capital 52

Bronte Capital

MAY 21, 2021

The Financial Statement Risk In financial year 2020, lease receivables from finance leases amounted to EUR 5,636.3 Requirements for the recognition of interest income from the leasing business in accordance with IFRS 16 include the transfer substantially of the risks and rewards from finance leases to the customer. Lease receivables’.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100