An Introduction to Corporate Finance Transactions and Techniques [Paperback]

An Introduction to Corporate Finance provides the reader with a complete overview of Corporate Finance from perspective of the investment Banker. The author, a corporate trainer and former investment banker clarifies the role of the investment banker in numerous corporate finance transactions, including mergers & acquisitions, IPO's, and valuation. Given today's corporate climate, every student studying corporate finance and those working in the field need this book to sharpen their skill set.

About the author xv

1 ‘BEHIND THE CHINESE WALL’ 1

Corporate finance in investment banking 2

Chinese walls 3

Corporate finance assignments 5

Flotations/IPOs 6

Mergers, acquisitions and divestitures 8

Leveraged buyouts and management buyouts 13

Financial advice 13

Careers in corporate finance 15

Organisation of this book 20

Part I CORPORATE FINANCE TRANSACTIONS 23

2 SOURCES OF CAPITAL 25

Debt securities 27

Money market securities 27

Long-term debt 29

Floating rate notes 31

Equity 32

Preference shares 32

Ordinary shares 34

Hybrids (convertible securities) 36

3 FLOTATIONS/INITIAL PUBLIC OFFERINGS 39

Primary offerings 40

Ancillary benefits of flotation 46

Disadvantages of flotation 46

Methods of flotation 47

Suitability for listing 49

The offering process 52

Participants and roles 52

Documentation and regulation lC&