OfficeHours

AUGUST 25, 2023

Following the GFC, the government enacted new regulations that limited banks’ abilities to underwrite highly leveraged financing. Think about it this way: It is easier to negotiate bespoke partners via bilateral negotiation with a single partner than with tens of investors via a syndicate of investment banking middlemen.

Private Equity 130

Private Equity Equities Debt Finance 130

Razorpay

JULY 27, 2023

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. This is called underwriting. Let’s say ABC Investment Bank agrees to underwrite 1 lakh shares out of the total 5 lakh shares that Meena’s business is offering.

Investment Banking 52

Investment Banking Bank Banking Investment 52

H. Friedman Search

JULY 27, 2023

Also, new firms that have only been buying competitive deals are looking to spread their wings into the wonderful world of negotiated underwriting. So, who will do them if they do not continue hiring? Expansion On The Horizon But is that all for our public finance industry on this topic? No, clearly not.

Finance 185

Finance Finance Recruitment Underwriting 185

How2Exit

APRIL 22, 2024

rn To illustrate, Speed explains, "That's after everything [the lenders] need is into the underwriter. Scouting for capital sources early provides comprehensive insight into what funding is realistically attainable, which can significantly inform negotiations and deal structuring. Let's see, what else. I don't know.

Finance 130

Finance Finance Funds Capital 130

Intrepid Banker Insights

JANUARY 5, 2023

Be ready to negotiate Terms are shifting against borrowers (tighter covenant packages, multi-year call protection, high upfront fees, etc.)

Advisory 52

Advisory Capital Underwriting Capital Raising 52

Cooley M&A

FEBRUARY 21, 2017

As the underwriting process has streamlined, and premiums have come down in the US, R&W insurance has secured a significant position in the M&A toolbox for middle-market M&A nationwide (outside of the PE context). Negotiating Anti-Reliance Language. Cautious Optimism in the New Year. The Trump Effect.

Insurance 52

Insurance M&A Underwriting Private Equity 52

Cooley M&A

DECEMBER 3, 2019

Pricing – Premium is generally in the range of 2.25% to 3.00% of the policy limit (or $22,500 to $30,000 per $1 million of coverage), including broker commissions (10-20% of the premium) plus underwriting fees (typically between $25,000 and $50,000) and a premium tax. Contributors. Barbara Borden. Jamie Leigh. Ben Beerle. Heidi Lawson.

Insurance 40

Insurance Underwriting Mergers and Acquisitions M&A 40