Heritage Finance provides strategic advice on financing and refinancing all forms of debt finance within a capital structure.
Review of existing capital structures and development of the optimal capital and funding strategy
Ensuring an independent and competitive tendering process
Detailed due diligence and credit assessment
Management of negotiation with senior lenders and debt providers
Proactive management of settlement and completion requirements
FINANCE NEGOTIATION – DEBT SYNDICATION
Syndicated Debt Arrangement for an Acquisition in the Bus Industry
The founders of the business sought assistance from Heritage Finance to arrange debt funding to facilitate the purchase of a competitor to complement its existing operations:
Heritage worked with executive management and its role included:
Preparation of an IM describing the company’s operations, financial position and prospects
Lead arrangement of the funding ‘club’
Negotiating the financial aspects of the proposed funding including placement and execution of the transaction
Heritage Value Add
Given the quantum of funding involved, Heritage Finance added inherent value by ensuring that the complexities of ‘club arrangement’ were managed efficiently, whilst always representing the best interests of the client.
Subject matter expertise ensured that deal information conveyed was broad, relevant and clear to all parties.
SENIOR DEBT NEGOTIATION
Successfully tendered the Senior Banking for a large hospitality group
Heritage Finance were engaged to secure new Senior Debt funder for this group who were looking for an alternate debt provider to streamline existing finance arrangements
Lead a competitive and independent tender process which sought to meet the client needs
Negotiated less onerous covenant terms and conditions that had previously been levied on existing group facilities
Project management of the refinance through due diligence to documentation
Heritage Value Add
Heritage’s engagement was tailored to meet the clients needs – desired outcome, defined parameters and proactive management throughout the life-cycle of the transaction ensured maintenance of control and successful completion.