Brett New, Leader of PwC's Debt and Capital Advisory group, shares his thoughts on how a trusted advisor can help by bringing the right financing solutions to underpin your businesses' strategy.
Managing debt can be complicated and demanding, particularly in today's challenging market. Having the right type of financing in place to realize your organization's strategy is critical.
You'll want to consider a range of alternatives, whether you are refinancing, making an acquisition, implementing a capital-intensive strategic project, or experiencing a period of instability. Whatever your financing objectives, an experienced debt and capital advisor can provide solutions that are customized to your situation.
A qualified advisor brings a solid understanding of the debt markets, especially from the perspective of your industry, and ideally also commercial lending and investment banking experience. Depending on your situation, you'll want an advisor who brings solid experience with these typical types of debt products and services:
- Senior banking debt;
- ABL - asset based loans;
- Mortgage financing - real estate based;
- Project financing - cash flow based;
- Junior secured debt;
- Subordinated/mezzanine debt;
- Convertible bonds;
- Negotiating with lenders on behalf of distressed clients - covenant waivers and loan agreement amendments;
- Liquidity for financial sponsors;
- Acquisition financing; and
- Bridge financing.