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? CDOs provide investors with a diversified portfolio of debt instruments across different risk levels. read more , etc.

Debt

Sica Fletcher

APRIL 17, 2020

What is generally less understood is the impact of the pandemic on the debt markets. Many PE-backed Insurance Brokers Secured Sizable Loans Immediately Prior to the Crisis Over the past several years, the demand for high yield debt issued by private equity (PE) backed insurance brokers has been extremely strong. to 10.0%.

Debt

OfficeHours

JUNE 30, 2023

To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value. Step 3: Calculate Debt and Equity Funding Amounts (Sources & Uses) Since LBOs are financed using a combination of debt and equity, you’ll need to determine how much of each will be used in the transaction.

Private Equity

Cooley M&A

SEPTEMBER 25, 2020

In a May blog post we discussed several initial observations regarding the dozens of M&A transactions that were signed prior to March 2020 and that were in jeopardy as a result of COVID-19. In other words, the specific performance remedy is conditional, and neither buyer nor the sponsor can be forced to close without the debt financing.

Debt

Business Standard - FInance

MAY 30, 2023

The general government deficit and debt moderated to 9.4% in 2020-21 respectively, says RBI of GDP, respectively, in 2022-23 from peak levels of 13.1%

Debt

The Deal

JUNE 22, 2023

for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc. in 2020 and of Calypso Technology Inc. billion of debt issued before the deal’s closing, which the parties hope will occur in six to nine months. Lam and Veblen counseled Nasdaq on its $2.75

Private Equity

OfficeHours

JULY 4, 2023

Going to keep today rather simple — we want to celebrate and kick off the second half of the year with a simple offer for the first 10 people that take advantage of the below — PE Platform Access for $225 OFF = $74 out of pocket for lifetime access Our flagship program has placed mentees into most major private equity firms since launching in 2020.

Sale

Shearman & Sterling

MAY 11, 2021

2020-0282-KSJM (Del. KCake Acquisition, Inc.,

Business

Focus Investment Banking

SEPTEMBER 19, 2024

For buyers, who rely heavily on debt financing to fund acquisitions, a rate cut—especially one larger than expected—creates immediate opportunities. Here’s how: Lower Cost of Debt Private equity firms typically use leverage (borrowed capital) to finance a significant portion of their acquisitions.

Mergers and Acquisitions

Shearman & Sterling

DECEMBER 8, 2021

2020-0992-SG (Del. On November 23, 2021, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder derivative claims for breach of fiduciary duty against the directors of Wayfair, Inc. the "Company"). Equity-League Pension Tr. Great Hill Partners, C.A.

Debt

Sun Acquisitions

NOVEMBER 7, 2022

The long and short is yes, it’s possible, however, there’s a series of considerations from the Small Business Administration (SBA), the holder of your PPP loan debt that you need to comply with. At the onset of the coronavirus crisis, the SBA launched its Payment Protection Program Loan in 2020. The Payment Protection Program Loan.

Business

Peak Frameworks

MAY 22, 2023

Liabilities represent the obligations a company has to outside parties, such as debts, loans, and accounts payable. billion as of December 2020. In 2020, Google's parent company Alphabet Inc. Examples include accounts payable, short-term debt, and accrued expenses. In 2020, Coca-Cola reported $27.2 reported $174.11

Accountant

Shearman & Sterling

MAY 11, 2021

2020-0282-KSJM (Del. KCake Acquisition, Inc.,

Business

Wizenius

MARCH 30, 2023

The assets can include non-performing loans, bad debts, and other distressed assets. This can include restructuring the debt, liquidating assets, or selling them to other investors. After acquiring the company, Edelweiss ARC worked to restructure its debt, improve its operations, and turn it around.

Financial Institution

Peak Frameworks

JUNE 27, 2023

The key components of public finance include tax policy, expenditure policy, debt policy, and fiscal policy, which includes adjusting the other components to affect macroeconomic variables. For instance, the top income tax rate in the US was 37% in 2020. As of the end of 2020, the US public debt surpassed $27 trillion.

Government

The Deal

FEBRUARY 6, 2024

While the deal could bring about some undesired déjà vu from the buyer’s not-so-distant M&A past, which helped lead it into bankruptcy in June 2020, at least one investor is confident Chesapeake is not destined to repeat its painful history. (SWN) on Thursday, Jan.

Mergers

Shearman & Sterling

DECEMBER 8, 2021

2020-0992-SG (Del. On November 23, 2021, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder derivative claims for breach of fiduciary duty against the directors of Wayfair, Inc. the "Company"). Equity-League Pension Tr. Great Hill Partners, C.A.

Debt

How2Exit

SEPTEMBER 9, 2024

Post-COVID, Steve pursued formal education in M&A, leading to his first acquisition in September 2020. Steve Rooms underscores the necessity of examining areas like cash flow, debt liability, and gross margins before even considering a purchase. If it's heavily loaded with debt, there's a red flag.

M&A

The TRADE

MAY 29, 2023

Wexler joins Barclays from NYDIG where he had been global head of business development since August 2020. KNG Securities International named London-based Halila Mazin as it’s the newest addition within its credit trading team, in a bid to strengthen its distressed debt and emerging markets offering.

Trading

Sica Fletcher

MAY 8, 2020

In Q1 2020, Brown & Brown operated at a 34.6% That is, for every $1 of EBITDA they have $6 of debt. billion of debt given the 6.0x Yet, BRO shows a net debt of only $1.5 Ironically, this is historically significant for BRO given that in 2011 they only had $251 million of debt. 2019 EBITDAC of $717 million.

Insurance

OfficeHours

MAY 16, 2023

as of the end of 2020, hedge funds managed approximately $3.6 Additionally, liquidity is important for governments because it gives them access to debt markets to sell securities to fund deficits. Hedge funds are significant players in financial markets given the size of their capital bases and the frequency of their trading.

Financial Market

Focus Investment Banking

JANUARY 18, 2024

About the only new entrant to the public markets has been KLDiscovery, a provider of e-discovery, information governance and data recovery services, which went public via a special purpose acquisition company (SPAC) transaction in 2020. So, is a public offering even a consideration for some of the large, privately held consulting companies?

IPO

Growth Business

JUNE 7, 2023

3 – GoCardless GoCardless is one of the fastest-growing UK fintechs, and in 2020 was recognised by Deloitte in its UK Technology Fast 50 list. See additional roles, here. #3 In 2022 it secured $312m (£250m) in funding and was valued at $2.1bn (£1.7bn), which bestowed European and UK unicorn status upon the company.

Funds

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. Transaction Background: Not Selling Like Hotcakes.

M&A

Bronte Capital

MAY 21, 2021

John Extract F ollowing the allegations made public by Viceroy Research LLC, Wilmington, Delaware, USA, in the role of a short seller in September 2020, GRENKE AG’s financial reporting as at the immediately subsequent reporting date has a particularly indicative effect from the perspective of the capital market and other key stakeholders.

Financial Statement

Mergers and Inquisitions

MARCH 13, 2023

eliminated these requirements in March 2020, and they’re loose or nonexistent in many other countries , so banks are limited mostly by their regulatory capital. Remember that, normally, a bank issues loans and then finds the liabilities (deposits, debt, etc.) But the U.S. to back them.

Banking

Sica Fletcher

JULY 11, 2024

Insurance Brokerage M&A Multiples: Market Overview The 2020s have proven to be a complex market for insurance brokerages. While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs.

M&A

Peak Frameworks

JUNE 27, 2023

Definition of the Money Market The money market is a subsection of the financial market where participants engage in the buying and selling of short-term debt securities. For example, in 2020, investors flocked to T-bills during the onset of the COVID-19 pandemic due to their safety and liquidity. government.

Funds

Growth Business

JULY 11, 2023

>See also: Here’s how you undertake an IPO in the UK in the best way It’s a stock market which provides primary and secondary markets for equity and debt products. Investors pumped £1,122 million into venture capital trusts during the 2021/22 tax year, 68 per cent higher in comparison to the 2020/21 total of £668 million.

Finance

The TRADE

DECEMBER 18, 2023

Convertible bonds will also provide cheaper financing options to those companies with other types of debt coming due which will lead to greater primary issuance. The margin for one lot of two-year listed treasury futures surged from $330 in November 2020 to a staggering $1,265 as of 20 November 2023, reflecting an alarming 283% increase.

Trading

Growth Business

DECEMBER 12, 2023

1 – Carbonplace Founded in 2020 by a network of global banks which include NatWest Group, Carbonplace facilitates the secure, transparent, and streamlined transfer of certified carbon credits across a global network of buyers and sellers through their banks. You can discover five interesting UK-based fintech start-ups below. #1

Banking

The Deal

FEBRUARY 6, 2024

Schwitter, Pellegrino and Troy advised WillScot on its 2020 merger with Mobile Mini Inc., The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O advised the target side when TDR Capital LLP sold Williams Scotsman International Inc. to Double Eagle Acquisition Corp. billion in 2018. billion to $4.45

Mergers and Acquisitions

Sica Fletcher

JUNE 20, 2024

Insurance Agency EBITDA Multiples vs. Interest Rates, H1 2020-H1 2024 The last two years, then, make an interesting case study for future economists; although interest rates have risen to the highest levels in more than two decades, we nonetheless see record valuation multiples, with the industry average resting around 11.6x in 2020 to 9.5%

M&A

OfficeHours

AUGUST 20, 2023

How to Navigate Recruiting When You Have to be in the Office Life in 2020 was not an easy time for most of us, but one of the few advantages of the pandemic was remote work and the increased flexibility 4.

Private Equity

Sica Fletcher

JUNE 2, 2020

Furthermore, as we have reported in previous blogs, these agencies already had their equity and debt capital lined up before the full force of the pandemic hit. As a result, they had and continue to have large pools of equity and debt capital to deploy in acquisitions. There are simply too many unknowns.

Insurance

Intrepid Banker Insights

MARCH 28, 2023

Signals to Watch Given Fed Chairman Powell’s latest remarks on potentially higher and faster rate hikes, it is critical for owners to take a hard look at their debt structures. Both customers and vendors may face similar issues your company is observing, including the rising cost of debt, wage inflation, supply chain imbalances and more.

Capital

Sica Fletcher

JULY 31, 2024

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Sellers are remaining patient and working with M&A advisosr to identify areas of opportunity.

M&A