Capital markets and international financing
Choosing the most appropriate market may not be a straightforward decision. Companies need advice on the advantages and disadvantages of each market and which could meet their overall needs.
The demand for public offerings can vary dramatically depending on many factors, including overall market strength, public perception of IPOs, industry economic conditions, and market prospects. In a booming bull market, there are opportunities for new corporate offerings and they enjoy bursts of popularity. In a declining market, however, opportunities fade, and IPO activity slows. Legal advisers should be able to advise on the importance of timing and adjustments to a company’s timetable if necessary. Lawyers in this field should be able to advise on the transaction timetable, from the initial meeting of the team to the completion of the offering, can range from several months to over a year.
Lawyers should also be able to advise on the different market options: There are several options, including: The US market, The UK market, European markets, Asian markets (Hong Kong, Singapore)
This training will equip you with a practical overview of Capital markets and international financing including the rationale for debt financing, the types of borrowers and the types of instruments available in debt capital markets.
This training will provide you with an understanding of Potential issues, including:
- Which market is right for you,
- What regulations and market practices you will have to comply with,
- Who should be on your advisory team, what to expect from them,
- What is a realistic timeframe for your transaction,
- How a financial record, complicated by a re-organisation, de-merger of operations, or changes in accounting procedures should be presented to investors,
- What additional expertise and resources will be needed as you act as project manager over the transaction, stretching your resources to the limit,
- The pitfalls to avoid to ensure successful, on schedule, execution of the transaction.
The training is for those who need to understand the markets and is delivered by an experienced British lawyers with many years of International experience in different Capital markets around the world. In particular, the training:
- Provides a comprehensive review of the structure and workings of the International Primary Markets for Debt
- Takes newcomers to the Debt Primary Markets from the reasons for financing through to the conclusion of successful transactions
- Looks at structuring the most appropriate financing for a particular borrower and how such an offering should be syndicated and documented
The Primary Markets have always been the main focus of attention by competing banks and by the media when looking at the international capital markets. However, there is no comprehensive guide as to how the debt primary markets work.
The objective of this training course is to provide a solid grounding in how the Primary Markets work, and to help participants unravel the jargon of the new issues business. The includes the rationale for debt financing, the types of borrowers and the types of instruments available. It considers the investor's requirement for returns and security against the balance sheet implications for the issuer. The objectives include a review of the various syndication customs, and practices plus the legal and regulatory requirements involved in bringing issues to the international markets.
Who should attend
- Those newly involved in syndication and/or origination and corporate
- Those responsible for managing these activities or needing to supply middle / back office support
- Heads of New Issues
- Heads of Origination
- Heads of Debt Capital Markets
- Heads of Corporate Finance
- Heads of Funding
- Heads of Syndication
The 2 instructorsrs are both British lawyers and expert instructors with extensive legal and financial experience of Capital Markets and the Finance Industry
Nick Johnson – Lead trainer
Nick Qualified as an English solicitor, 1992. King’s College, London University (1984-1987) LL.B. (Honours). He has a wealth of experience in all areas of corporate and commercial law including M&A, human resources, commercial contracts, joint ventures, privatisations, procurement and regulatory matters in various industrial sectors in over 20 countries. He has advised Governments and major corporations on mergers, acquisitions, joint ventures and cross-border transactions, including advice and legal work to finance the deals and mergers.
He has worked across many different industrial sectors especially in the technology sector. He has worked in the UK, Japan and throughout Central Europe and the Middle East.
Nick founded, JSK Law (Formerly Johnson Šťastný Kramařík), Prague (2004 to present) (http://www.jsklaw.cz/nick-johnson.html). He was a senior lawyer at Allen & Overy (1998 - 2003) and has worked in the following ‘Magic Circle’ law firms: Baker & McKenzie (1995 - 1998) McKenna & Co., London and Tokyo (1990 - 1993)
Richard Brady – Course Director
The Course Director, Richard Brady, qualified as a UK lawyer in 1976 and then re-qualified in Banking and Insurance in 1997, following his experience of running an insurance company in the Middle East. He spent the next 6 years working in a Finance House in the City of London. Richard qualified as a teacher of English as a foreign language in 2003. For the last 10 years he has been teaching legal English, law, and practical legal skills to lawyers in Latin America, Central Asia and the MENA region and has trained the lawyers of many of the ‘Magic Circle’ law companies. Richard is the Head of the British Legal Centre.