Debt advisory

Mergers and acquisitions

Over the last few years the debt capital markets have changed with a wide variety of funding options becoming available. Our debt advisory team comprises former bankers, asset financiers, accountants and restructuring specialists that have extensive knowledge of the evolving debt market. We can provide advice on the appropriate funding structure for your transaction, be that senior, subordinated or mezzanine debt or venture or private equity funds.

Alternative finance providers and debt funds have filled the funding gap since the economic crisis, increasing their market share. This shift has led to a more diverse lending environment and borrower terms have improved as banks compete. The improved terms include reduced pricing, looser covenant structures, increased leverage and lower amortisation.

RSM can help navigate this dynamic market, identifying which lenders are open for business and in which sectors, revealing pockets of untapped liquidity to help you target your efforts fruitfully. Our team hold longstanding relationships with the major debt providers in the market. Their expertise spans the classes of debt product available to mid-market corporates, from vanilla corporate debt, leasing and receivables financing, through leveraged loan and mezzanine finance to infrastructure and project finance facilities.

We can help your organisation through:

assessing debt capacity and advising on appropriate capital structures;
project management and guidance throughout the funding process;
evaluating your existing loan agreements, lending arrangements and covenant packages;
identifying and approaching prospective new lenders;
developing marketing material to present the credit story to debt stakeholders;
providing support and advice with regards to renegotiation and restructuring of facilities (eg. waivers and covenant resets);
managing competitive funding rounds with multiple parties to negotiate and extract the best terms possible; and
our related advisory services such as due diligence, financial modelling and valuations.