Debt advisory
The Debt Advisory team is an integral part of our Corporate Finance practice, providing independent advice and world class execution resource across the full spectrum of debt markets. Our clients include public and private companies, private equity houses and their investee companies, financial institutions and governments.
What we do
Funding requirements are invariably a major feature of any transaction and the Deloitte Debt Advisory team enables clients to take control of this vital process, to access a much wider spectrum of funders, to pitch competitively and to execute the most effective deal.
We provide completely objective advice, remaining independent from prospective funders.
Debt Advisory assists corporates with new debt financing, refinancing maturing debt and re-structuring existing debt. For private equity clients, we advise on debt for new acquisitions and refinancings.
Debt Advisory also has specialists focused on the Public Sector, specifically in the area of project and infrastructure finance. This team advises government and parastatals on structuring projects and also assists with creating and managing the tender process for the appointment of service providers. The team advises Tenderers on suitable project finance funding structures and assists with fundraising to support their tender submissions for large public sector infrastructure initiatives.
Where finance is required for the financing of long-term infrastructure and industrial projects, we provide advice on the creation of financial structures where project debt and equity are to be used to finance the project.
Where we can help
Three situations typically trigger the involvement of our Debt Advisory team:
- Restructuring or renegotiating debt - covenant waiver and reset negotiations, trading downturns, credit rating downgrades, facility extensions and amendments, new money requests and debt buy backs
- Refinancing - maturing debt facilities, new debt markets, syndicated borrowings, asset based financing, off balance sheet financing
- Acquisition, disposals & mergers - acquisition financing, merger financing
- Public Private Partnership - project and infrastructure finance.
The Debt Advisory team provides the following:
- A proven team of debt advisory experts focused on achieving an efficient capital structure that is RoE enhancing with the least amount of business constraints from funders.
- Independence and objectivity driven through a formal structured process which enables the team to ensure competitiveness among lenders / funders.
- Approaching appropriate institutions, including multi-laterals, development finance institutions, donor funders, life companies, hedge funds, private placements and bond issues and securitisation opportunities to meet our clients’ needs.
- A formula that measures success, not only in terms of the margin achieved for clients, but also the fees paid, the covenants achieved, and the quantum of debt (gearing) that the client is able to reach with their asset and earnings base.
- Continuous exposure to new and innovative funding techniques and sources.
For more information about our services, please contact Lwazi Bam on +27 (0) 11 209 8807.