Private Placements

Challenge

Businesses seeking to refinance or obtain additional capital frequently faces many obstacles. Middle Market companies often cannot raise debt or equity publicly; Basel capital requirements, including credit and market risk shape and often limit a bank's lending practice. Where asset-based loans are made, often the criteria seems irrelevant or unduly restricitive to your company.

Solutions

FTH has advised on structuring private placements of debt and equity, and assisted management in obtaining new capital from a wide array of institutional investors in the private capital markets, such as insurance companies, pension funds, commercial banks and venture capital firms.

Our institutional investor contacts reflect our global presence. We understand the terms and structures available in today’s dynamic markets for debt and equity securities.

Privatization

Challenge

Taking an industry or company from direct state control into the commercial sphere creates many opportunities—whether in emerging markets or mature centers of commerce. The key to success is effectively managing a potentially difficult change. 

Solutions

FTH has advised on numerous privatizations in a wide range of industries around the Middle East. The key to our service is our in-depth understanding of the privatization process—its complexities and consequences—combined with our investment banking experience. Our privatization teams are ready to respond anywhere in the world.

Sales & Divestitures

Challenge

Planning and executing a divestiture or sale of a company or division can be a complex process—especially when the objectives are to maximize shareholder value and maintain confidentiality.

Solutions

Our professionals have extensive experience in advising on all steps in the selling process, such as:

• Evaluating alternatives for liquidity and diversification

• Assessing realistic sale value

• Identifying and contacting prospective purchasers around the world

• Preparing a confidential memorandum

• Evaluating accounting and tax implications of a transaction

• Conducting negotiations and closings

• Integrating the sale with a cogent estate plan

Restructuring

Challenge

Restructuring and refinancing strategies frequently alleviate debt and cash flow problems. It is important, however, that each party involved fully understands both the worth of the enterprise and the restructuring/refinancing process.

Solutions

FTH has the skills and resources to advise companies experiencing cash flow difficulties or facing the challenges of bankruptcy proceedings. Our Corporate Finance professionals can assist a company in refinancing its debt or in raising equity. We work closely with our Middle East Corporate Recovery Services professionals when advising companies on changes in strategic operations, turnaround planning, valuation, divestiture, and the intricacies of entering and leaving bankruptcy/insolvency status.

Initial Public Offerings

Challenge

Deciding to “go public” and the timing of an initial offering are critical issues for a growing, privately held company.

Solutions

Our experienced professionals render objective advice about IPOs. We advise Board Members and management on the issues and challenges associated with being a public company. FTH does not underwrite securities. If our analysis supports that a public offering is a sound decision, we will advise the company on how to position itself, assess their market value, select an underwriter, and structure underwriting agreements. If an IPO is not the right answer, we assist our clients in developing and executing alternative capital source strategies, including positioning the company for an eventual IPO.

Strategic Financial

Challenge

To take advantage of the benefits available through a corporate finance strategy, management needs creative and objective advice.

Solutions

In addition to services described above, our professionals provide a myriad of advisory services, including suggestions on:

• Identifying ways to enhance shareholder’s value

• Analyzing capital structures

• Renegotiating loan agreements

• Structuring project financing

• Formulating takeover defense strategies