Our Foreign Currency & Treasury Management specialists advise on cross border transactions and currency risk issues at all stages of a proposed deal. We provide expert treasury management advice throughout the transaction and ensure that you understand the treasury issues faced.

We carry out a detailed assessment of your target’s financial risks, positions and cross border transactions, often saving significant sums by analysing how treasury management affects value, cash and debt. We place particular emphasis on financial exposures (foreign exchange/commodity) and currency risk, net cash/debt and other key areas including cash pooling arrangements and facilities. We will also provide an objective appraisal of current treasury management capabilities and staffing.

Protecting your position

Treasury management in an organisation that carries out complex cross border transactions can have a significant impact on senior credit agreements (SCAs) structure and sale and purchase agreements (SPAs). We will draw your attention to relevant covenants and key terms in SCA and SPA, and advise on the breakage/unwinding costs of financial positions such as derivatives.

Planning for treasury management on completion

We can help you to plan your treasury management strategy, considering the adequacy of cash flow forecasting procedures, helping you to define the requirements and cost of a new or existing treasury function, minimising business disruption and ensuring a smooth completion.