Scott Mashuda

OCTOBER 10, 2024

This increased liquidity, coupled with easing interest rates, makes financing more accessible and affordable for lower middle market companies, which often rely heavily on debt financing. But remember, selling your business is a process, not an event and finding proprietary deal flow takes consistent effort.

Finance 83

Finance Marketability Private Equity Firm Debt Financing 83

Equilest

JANUARY 25, 2025

How to Value a Convertible Loan: A Comprehensive Guide Convertible loans are a critical instrument in the financial world, often bridging the gap between equity and debt financing. Conversion trigger events : Events that allow or mandate conversion, such as a new funding round. Stay informed and make confident decisions.

Discounted Cash Flow 40

Discounted Cash Flow Equity Debt Financing Equity Financing 40

Equidam

AUGUST 5, 2024

A note on Convertible Notes vs SAFEs The difference between Convertible Notes (also called Convertible Debt, or Convertible Loan Agreements) and SAFEs , is that Convertible Notes are a form of debt financing. What is a cap? A valuation cap is a ceiling on the price at which the investment will convert to equity.

Equity 64

Equity Start-ups Debt Financing Finance 64

Benzinga

AUGUST 1, 2024

Transaction Details: Total estimated consideration for the Teads acquisition is approximately $1 billion, on a cash free, debt free basis, including an upfront payment of $725 million, subject to standard adjustments, and a deferred cash payment of $25 million. subject to customary funding conditions.

Debt Financing 40

Debt Financing EBITDA Finance Banking 40

Brian DeChesare

MAY 4, 2022

Rising Interest Rates: The benchmark rate used for the debt financing – SOFR, the Secured Overnight Financing Rate – is “low” right now, but interest rates are rising. I normally close comments on technical articles, but I’m leaving them open because this is also a “current events” topic (similar to the Uber valuation ).

EBITDA 111

EBITDA Start-ups Finance Equity 111

Lighter Capital

JANUARY 29, 2025

Debt financing isn't an option yet, because you dont have revenue. Extend your runway at key inflection points There will be events and opportunities as you grow your startup that you'll want to jump on right away to accelerate your momentum. When youre just beginning to build your startup, funding options are limited.

Start-ups 52

Start-ups Debt Financing Marketability Finance 52

Scott Mashuda

JUNE 6, 2024

The Action Plan is crafted to bridge the gaps identified during the Triggering Event analysis. These capital stack considerations can be broken down into actionable steps within the 90-day sprint cycles, for example: Sprint 1: Assess current capital structure, debt positions, and equity holdings.

Debt Financing 40

Debt Financing Capital Structure Finance Equity 40

Cooley M&A

DECEMBER 15, 2020

The Shadowy and Elusive Series of Events. billion, a portion of which was to be funded with third-party debt. In its defense to Mirae’s claim that such actions violated the conduct of business covenant, Strategic argued that management should be afforded the flexibility to engage in ‘ordinary responses to extraordinary events.’

Debt Financing 40

Debt Financing Specific Risk Finance Marketability 40

Cooley M&A

MAY 11, 2020

However, some MAE definitions have a second prong – for events that would prevent, impair or materially delay the ability of a company to perform its obligations under the merger agreement or consummate the deal – and, importantly, the long list of MAE exclusions often does not apply to this second prong. The return of the financing out?

Finance 40

Finance Start-ups Marketability Debt Financing 40

Reynolds Holding

JUNE 11, 2024

debt capital markets facilitate 75 percent of debt financing of non-financial corporations. Given how integrated our capital markets are into the world’s capital markets, events in our capital markets can flow into others—and, events in yours can flow into ours. 3] About 58 percent of U.S. 4] Third, the U.S.

Marketability 45

Marketability Banking Finance Start-ups 45

Lighter Capital

AUGUST 5, 2024

Even non-dilutive debt financing will be harder to get with good terms, because many lenders require you to have 12 to 18 months of cash to fund operations. Determine the granularity We recommend that SaaS startups focus on monthly cash flow events unless more granular details are required. Plus, your valuation may be lower.

Start-ups 52

Start-ups Finance Debt Financing Marketability 52

Reynolds Holding

MAY 16, 2024

debt capital markets facilitate 75 percent of debt financing of non-financial corporations. We did so again in 2023 in response to the 2020 market events. [10] Second, the U.S. has long benefitted from robust competition between nonbanks and banks in our $110-plus trillion capital markets. Further, U.S.

Treasury 45

Treasury Banking Marketability Finance 45

FE International

DECEMBER 31, 2021

Debt-financed investors. A rarer breed but similar to ROI-focused investors, those parties using debt to acquire an internet business will usually have a ceiling valuation multiple in order to repay the principal and interest on their loan.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Business Valuation Precedent Transaction Analysis Start-ups 52

Cooley M&A

JANUARY 25, 2023

This post takes a deeper dive into what we see as the pivotal events and deals that propelled the life sciences industry in 2022, and our view on what to expect looking ahead to 2023.

Marketability 40

Marketability Finance Equity Debt Financing 40

Reynolds Holding

OCTOBER 16, 2022

At trial, the plaintiffs suggested that TPG’s debt financing plans raised concerns, but the Court did not find this to be significant. Any financing-related or other non-standard conditionality might create risk that a court would find the divestiture insufficiently likely to close. Opinion at 30. Opinion at 31.

Private Equity Firm 45

Private Equity Firm Equity Debt Financing Finance 45

Benzinga

FEBRUARY 3, 2025

The revised terms have meaningfully reduced the level of required debt financing and simplified the transaction structure. Outbrain intends to finance the transaction with existing cash resources and $625 million in committed debt financing from Goldman Sachs Bank USA, Jefferies Finance LLC and Mizuho Bank, Ltd.,

EBITDA 40

EBITDA Debt Financing Marketability Technology 40

Benzinga

MARCH 19, 2025

." Under the terms of the agreement, Paratek will acquire all of Optinose's outstanding shares for $9 per share in cash, plus up to $5 per share in CVRs payable in the event that certain net revenue milestones are achieved by XHANCE. The Boards of both Paratek and Optinose have unanimously approved the transaction.

Debt Financing 40

Debt Financing Finance Marketability 40

Lighter Capital

FEBRUARY 2, 2025

TRUTH: Today, there are far more debt financing options for startups that align better with the specific needs of a software business, minimizing founders risks and maximizing flexibility. MYTH 3: Debt will only drain your business of cash Debt can cause cash flow problems, especially when the loan terms dont jive with your business.

Finance 52

Finance Equity Banking Debt Financing 52

Global Finance

MARCH 3, 2025

Also in Australia, SocGen acted as mandated lead arranger for $400 million Australian dollars (about $255 million) in debt financing for construction of the third phase of the Melbourne Renewable Energy Hub. BESSs funded by SocGen will store energy associated with a 1.5 billion Chinese yuan (about $13.6

Finance 52

Finance Banking Debt Financing Marketability 52

Cooley M&A

FEBRUARY 3, 2025

With debt financing now readily available thanks to the active private credit and syndicated debt markets, for larger take-privates, the availability of equity financing was more likely to be a gating item in 2024, with sponsors often unwilling to write equity commitments for individual transactions larger than $2 billion.

Equity 59

Equity Technology Marketability Start-ups 59