Introduction to Corporate Finance

The Corporate Finance has been designed to provide participants with a solid grounding on Corporate Finance theory and principles.

 

  Day 1

  

Financial Statements 

  • ·  Overview of Corporate Financial Statements
  • ·  Overview of Bank Financial Statements
  • ·  Examination of Balance Sheet, Income Statement and Cashflow
  • ·  Financial Ratios such as Gearing, Leverage, Interest Cover

    Large Corporate Funding Overview and Capital Structure
  • ·  Debt vs Equity
  • ·  Secured vs Unsecured
  • ·  Short Term vs Long Term funding
  • ·  Understanding Cost of Capital and the role it plays investment decision making

    Different funding mechanisms
  • ·  Call Loans
  • ·  Syndicated loans
  • ·  Club loans
  • ·  Bridge Funding
  • ·  Mezzanine Finance
  • ·  PIK Loans
  • ·  Commercial Paper
  • ·  Bonds / Medium Term Notes

    Loan Pricing Terms
  • ·  Cost of Funds
       Jibar
       Libor
       Euribor 
  • ·  Fees
       Commitment Fees
       Upfront Fees
       Breakage Costs

    Introduction to Debt Capital Markets
     ·  What is bond
  • ·  Eurobond definition
  • ·  Overview of international bond market
  • ·  Investment Grade Bonds
  • ·  High Yield Bonds
  • ·  Reg S/144A comparison
  • ·  Deal size
  • ·  Use of proceeds

    Equity Linked funding  
  • ·  Rights Issues
  • ·  Convertible Bonds
  • ·  Initial Public Offering (IPO)

      Day 2  

    Mergers & Acquisitions
        

  • ·  Overview of the Merger & Acquisitions landscape
  • ·  Types of Mergers
       Horizontal
       Vertical
       Conglomerate 
  • ·  Why do most M&A transactions fail to deliver Shareholder Value?                
       Case Studies of failed acquisitions (Daimler/Chrysler, AOL/Time Warner)
       An examination of critical success factors for acquisitions
       Transaction Justification / What makes for a good acquisition
     
  • ·  Company valuation principles – Market Cap, Earnings Multiples, Discounted Cashflow
    ·  Hostile Takeovers / Take Over Defences
    ·  Funding alternatives for an M&A transaction / How funding is structured pre- and post-acquisition for a listed company

    ·  Leveraged Buy Outs (LBOs)/Management Buy Outs (MBOs)
       Typical funding structure for an LBO/Private Equity principles
       Senior debt vs Junior debt / Pricing considerations
       Funding considerations / Importance of corrct debt scheduling/modelling

    ·  Shareholder Activism – Overview of the current shareholder activism landscape and what that means for listed companies                                
                 
                           

  • Dates:
  • 23 & 24​ January 2018
  • Times: 09:00 - 17:00
    Cost: R11, 500.00 per delegate ex VAT

All sessions will be held at the JSE Johannesburg, Sandton offices.

The course fee includes refreshments and lunch, parking and all course materials.            
CPD points and training certificates will be issued for the attendance at the training.
                    
Please contact
 companyservices@jse.co.za​  to book. Please note that space is limited so please book as soon as possible in order to avoid disappointment.                 

If you would prefer a tailored training session to take place at your company premises please do not hesitate to let us know and we can tailor a training package to suit your requirements.

 Contact Us

+27 11 520 7131

companyservices@jse.co.za

 Content Search

 

 

Advertsing Packages and OpportunitiesAdvertsing Packages and Opportunitieshttps://www.jse.co.za//events-and-facilities/advertising, Advertising
Training Booking FormTraining Booking Formhttps://www.jse.co.za/content/Training/TrainingBookingForm.pdf, Training Booking Form
Investor Relations SolutionsInvestor Relations Solutionshttps://www.jse.co.za/events-and-facilities/investor-relations-solutions, Investor Relations Solutions
JSE Training CoursesJSE Training Courseshttps://www.jse.co.za/events-and-facilities/training-courses, /events-and-facilities/training-courses
Trainer ProfilesTrainer Profileshttps://www.jse.co.za/events-and-facilities/trainer-profiles, /events-and-facilities/trainer-profiles
Training Courses TestimonialsTraining Courses Testimonialshttps://www.jse.co.za/events-and-facilities/training-testimonials, /events-and-facilities/training-testimonials
Training Terms & ConditionsTraining Terms & Conditionshttps://www.jse.co.za/events-and-facilities/training-terms, /events-and-facilities/training-terms
JSE Venues and FacilitiesJSE Venues and Facilitieshttps://www.jse.co.za/events-and-facilities/venues, /events-and-facilities/venues