Description
At one point or another in their career, every financial manager, manager or banker is confronted with a financial engineering operation. The financial, tax and legal arrangements are numerous, complex and evolving. Increasingly, they must understand the issues, techniques and vocabulary of financial engineering operations on equity. This is the objective of this training.
Who is this training for ?
For whom ?Financial director. Banker. Accountant. Leader.
Prerequisites
Training objectives
Training program
- Definition and purposes Finance growth, maintain control, exit from minority interests. Controlling dilution in capital increases
- Choose a legal structure.
- Terms of capital increase in cash.
- Defer dilution: composite mob values: OCA, OBSA, BSA.
- Dilution calculation, value of the DPS.
- Case scenario: calculation of dilution of a capital contribution.
- Raise funds from investors
- Choose a capital investor.
- Negotiate with a fund.
- Expected and observed IRR.
- Fundraising process.
- OCA case scenario: entry of investors, issue of convertible loans.
- The shareholders' agreement
- Organize relations between shareholders, organize the exit, protect minorities...
- Essential clauses: approval, inalienability, pre-emption, exclusion, voting agreement, pari passu, joint exit, buy or sell, confidentiality.
- Scenario Exercise: analyze a shareholders' agreement.
- Acquire a business
- Acquisition process.
- Confidentiality agreement, presentation memorandum, letter of intent, due diligence.
- Case scenario: Analyze a letter of 'intention, guarantee of liability.'}
- Financing an acquisition using leverage L(M)BO, MBI. Balance: price, resources, repayment capacity.
- Capital, Mezzanine, senior and subordinated debt.
- Case scenario: analyze the takeover of a company by its employees through LBO.
- Remote activities
- To benefit from the contributions of an expert on a theoretical or practical point: a
- expert 'Implementing financial policy'.
