Investment Banking And Finance: Leveraged Buyouts (Lbos)
Published 5/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English
| Size: 26.40 GB[/align]
| Duration: 25h 2m
Master Leveraged Buyouts LBO financial modelling, transaction analysis, deal execution, documentation, exit strategies
[b]What you'll learn[/b]
Understand the foundational structures and strategies of private equity funds.
Define leveraged buyouts and their significance in corporate finance.
Analyse key characteristics and typical frameworks of LBO transactions.
Evaluate the RJR Nabisco LBO as a pivotal case study in LBO history.
Assess the impact of economic cycles and financial foundations on LBOs
Identify and describe the roles of key participants in LBO transactions.
Utilise essential financial tools and models specific to LBO analysis.
Rank LBO financing instruments by cost, risk, security, and return metrics
Explore classic and modern capital structure theories within LBO contexts.
Examine esoteric and complex debt structures used in LBO financing
Optimise LBO capital structures to enhance deal stability and profitability.
Assess the role and impact of covenants in LBO financing strategies.
Understand debt capacity and leverage limits within LBO economic frameworks.
Learn the step-by-step private equity deal process in leveraged buyouts.
Explore the roles and decision-making processes of investment committees in LBOs.
Introduction to LBO modelling, emphasising its purpose and application.
Delve into advanced LBO modelling techniques for comprehensive transaction analysis
Step-by-step analysis of LBO transactions, focusing on valuation and debt structuring.
Explore management and employee equity incentives and their implications in LBOs.
Understand the documentation crucial for successful LBO transactions.
Manage LBO transactions from investment monitoring to value creation strategies.
Strategically plan and execute exit strategies for LBO investments.
Detailed exploration of the IPO process as an exit strategy in LBOs.
Navigate the complexities of selling shares post-IPO in leveraged buyouts.
Understand third-party sales in LBOs, assessing process advantages and challenges.
Explore secondary buyouts, understanding their process and market implications.
Delve into management buyouts, focusing on strategies and participant roles.
Navigate partial exits strategies like recapitalisations and tag-along rights in LBOs
Consider the implications and processes of liquidations in leveraged buyouts.
Debate ethical considerations and controversies surrounding leveraged buyouts.
[b]Requirements[/b]
Basic Understanding of Finance: Familiarity with financial statements and investment concepts.
Interest in Corporate Finance: A keen interest in learning how companies are acquired and managed.
Access to Financial Calculator or Software: Useful for exercises and case studies involving financial analysis.
Prior Business or Economics Study: Helpful but not mandatory; basic economic principles are beneficial.
No Advanced Mathematics Required: The course is accessible to beginners with general math skills.
[b]Description[/b]
This comprehensive course on Leveraged Buyouts (LBOs) is meticulously designed to equip you with the analytical tools, financial strategies, and essential concepts necessary to excel in the high-stakes world of private equity and corporate acquisitions. Whether you're a finance professional aiming to expand your expertise, a business student seeking a practical application of financial theories, or an aspiring private equity investor, this course offers valuable insights that can be immediately applied in real-world scenarios.With over 290 lectures, it may be difficult to see the wood for the trees. I have categorised this course into 8 Primary Themes and Educational Objectives:1. Foundations of Private Equity and Leveraged Buyouts2. LBO Transaction Dynamics3. Financial Engineering in LBOs4. Operational and Strategic Management in LBOs5. LBO Financing and Capital Structure Optimization6. Regulatory, Ethical, and Stakeholder Considerations7. Exit Strategies and Deal Closure8. LBO Modelling and Transaction AnalysisThese broad themes enable you to navigate the complexities of LBOs with a structured approach that builds from basic concepts to advanced applications, enhancing both your theoretical understanding and practical skills in private equity leveraged buyout financing. Watch the first preview lecture, where I explain these categories, to get a better understanding of what you will discover in the courseHere's what makes this course really stand out:Understanding Private Equity Structures: Delve into the architecture of private equity firms and how they fund and manage LBO operations.Defining Leveraged Buyouts: Clarify the concept and process of LBOs, distinguishing them from other financial strategies.Analysing LBO Transaction Characteristics: Explore the unique attributes of LBO deals, focusing on their structural and strategic components.Evaluating the RJR Nabisco LBO Case: Learn from one of the most famous LBOs in history through a detailed case study analysis.Assessing Economic Impact on LBOs: Examine how economic factors influence LBO viability and success.Identifying LBO Key Participants: Recognise the roles and responsibilities of the critical players involved in LBO transactions.Using LBO Financial Tools: Gain hands-on experience with the financial instruments and methodologies employed in LBO analysis.Ranking LBO Financing Instruments: Understand the hierarchy and use of various financing tools in structuring LBOs.Exploring LBO Capital Structures: Investigate the different capital configurations that can be utilised in LBO scenarios.Examining Esoteric Debt Structures: Unpack complex debt arrangements that are often pivotal in executing LBOs.Optimise LBO Capital Structures: Learn to tailor capital structures to maximise investment returns and minimise risk in LBO scenarios.Assess Covenants in LBOs: Understand the importance of covenants in safeguarding the interests of debt holders within LBO frameworks.Understand LBO Economics: Explore the economic principles that underpin the feasibility and profitability of leveraged buyouts.Master the PE Deal Process: Gain proficiency in the end-to-end private equity deal process from due diligence to deal closure.Guide Investment Committee Roles: Learn about the critical decision-making process of investment committees in PE deals.Learn LBO Modelling Basics: Acquire foundational skills in LBO financial modelling to analyse potential returns and risks.Deep Dive into LBO Modelling: Engage in advanced LBO modelling techniques for a deeper understanding of complex buyouts.Analyse LBO Transaction Process: Study the sequence of steps in an LBO transaction, from initial analysis to final acquisition.Explore Management Equity Incentives: Examine how equity-based incentives align management goals with those of equity holders.Review LBO Documentation: Scrutinise the essential documents that underpin every stage of the LBO transaction.Manage LBO Transactions: Learn strategies for managing ongoing LBO operations to ensure alignment with long-term goals.Plan LBO Exit Strategies: Strategise exit routes from LBO investments to realise value for stakeholders.Detail IPO Exits in LBOs: Analyse the role of initial public offerings as a successful exit strategy in LBOs.Manage Post-IPO Share Sales: Understand the complexities of managing share sales following an IPO.Conduct LBO Third-Party Sales: Navigate the process and strategies behind selling LBO-acquired companies to third parties.Execute Secondary Buyouts: Learn how to handle buyouts from one private equity firm to another.Lead Management Buyouts: Guide management teams through the process of buying out existing owners.Navigate Partial LBO Exits: Explore options for partial exits in LBOs, such as recapitalisations and refinancings.Understand LBO Liquidations: Discuss the circumstances and strategies for winding down operations in a leveraged buyout.Debate LBO Ethical Considerations: Engage in discussions on the ethical implications and considerations in LBO strategies.By the end of this course, you will not only understand the mechanisms of leveraged buyouts but also be able to critically assess their strategic advantages and risks. This course is perfect for those looking to make informed decisions in finance, enhance their career prospects, or simply gain a deeper understanding of a key financial strategy used worldwide by private equity firms. Join us to unlock your potential in the realm of high finance and investment strategy.Enroll today!
Overview
Section 1: Leveraged Buyouts Course Overview: What to Expect
Lecture 1 Introduction: What will you learn about LBOs in this course?
Lecture 2 How to make money with LBOs - A Cautionary Tale!
Lecture 3 What is a Leveraged Buyout (LBO)?
Lecture 4 The Importance of Glossaries in this Course
Lecture 5 LBO Course Roadmap: A Section-by-Section Exploration
Section 2: Private Equity Essentials: Structures, Transactions, and Governance
Lecture 6 Section Introduction: Overview of Private Equity
Lecture 7 Overview of Private Equity
Lecture 8 Structure of a Private Equity Fund
Lecture 9 Types of Private Equity Transactions
Lecture 10 Private Equity As An Alternative Model Of Corporate Governance
Lecture 11 Glossary: LBO Fund Terms
Lecture 12 Governance and Control Terms Glossary
Lecture 13 Glossary: Regulatory and Compliance Terms in LBO Transactions
Lecture 14 Section Summary: Overview of Private Equity
Section 3: Fundamentals of Leveraged Buyouts: From Basics to Business Impacts
Lecture 15 Section Introduction: Introduction to Leveraged Buyouts
Lecture 16 History of LBO Transactions
Lecture 17 Different Types of LBOs
Lecture 18 The Characteristics of an LBO Transaction
Lecture 19 Standard LBO Playbook
Lecture 20 The Theory behind Leveraged Buyouts
Lecture 21 Why are LBO's Important in Corporate Finance?
Lecture 22 Glossary: Leverage Terms in LBOs
Lecture 23 Capital Markets Terms Glossary
Lecture 24 Section Summary: Introduction to Leveraged Buyouts
Section 4: The Anatomy of Leveraged Buyouts: Roles, Risks, and Realities
Lecture 25 LBO Characteristics Introduction
Lecture 26 Inside an LBO Transaction with KKR
Lecture 27 The Role of the Buyout Board
Lecture 28 The Importance of Management Incentives
Lecture 29 KKR LBO Case Study: Duracell
Lecture 30 The Tension between Buyer and Seller
Lecture 31 Transactional Risks in LBOs
Lecture 32 Purchase and Sale Price Determination in LBOs
Lecture 33 LBO Strategy Terms Glossary
Lecture 34 LBO Purchase Price Terms Glossary
Lecture 35 LBO Deal Structure Terms Glossary
Lecture 36 Section Summary: The Characteristics of LBO Transactions
Section 5: Breaking Down the RJR Nabisco Leveraged Buyout: Lessons and Insights
Lecture 37 RJR Nabisco LBO 1988 Introduction
Lecture 38 Why was RJR Nabisco an attractive target?
Lecture 39 The Bidding Groups in the RJR Nabisco LBO
Lecture 40 The Role of Personalities in the RJR Nabisco LBO
Lecture 41 Section Summary: Case Study of RJR Nabisco
Section 6: How Economics and Finance Drive Leveraged Buyouts
Lecture 42 The Financial and Economic Foundations of LBOs: Section Introduction
Lecture 43 Risk and Return Dynamics of Leveraged Buyouts
Lecture 44 Impact of Economic Cycles on LBOs
Lecture 45 Regulatory and Policy Frameworks influencing LBOs
Lecture 46 Stakeholder Perspectives in LBOs
Lecture 47 Global Trends and the future of LBOs
Lecture 48 Impact of Artificial Intelligence on LBOs
Lecture 49 Environmental, Social, and Governance (ESG) Glossary
Lecture 50 Section Summary: The Financial and Economic Foundations of LBOs
Section 7: Who's Who in LBOs: Key Roles and Responsibilities
Lecture 51 Key Participants in an LBO Transaction Section Introduction
Lecture 52 The Private Equity Investor
Lecture 53 The Seller
Lecture 54 The Target Company
Lecture 55 The Pivotal Role of Management in Leveraged Buyouts
Lecture 56 The Treasury Function in an LBO Company
Lecture 57 The Integral Role of the Senior Debt Lender
Lecture 58 Who are Second Lien Lenders?
Lecture 59 Mezzanine Lenders in LBO Financing
Lecture 60 High Yield Bond Holders in LBO Financing
Lecture 61 The Role of Investment Banks in LBOs
Lecture 62 The Role of Law Firms in LBOs
Lecture 63 The Roles of Accountancy Firms in LBO Transactions
Lecture 64 Specialist Due Diligence Advisers in LBO Transactions
Lecture 65 The Role of Strategy Consultants in Leveraged Buyouts
Lecture 66 What are Placement Agents?
Lecture 67 Role of Recruitment Consultants in LBOs
Lecture 68 The Role of Public Relations Agents in LBOs
Lecture 69 Key Participants in an LBO Transaction Glossary
Lecture 70 Section Summary: Key Participants in an LBO Transaction
Section 8: Financing LBOs: The Role of Debt, Equity, and Hybrid Instruments
Lecture 71 Introduction to the LBO Financial Toolkit
Lecture 72 The Role of Senior Secured Debt in LBOs
Lecture 73 Working Capital Facilities Role in LBO Financial Structures
Lecture 74 Unsecured Senior Debt in the Context of Leveraged Buyouts
Lecture 75 Mezzanine and Subordinated Debt in Leveraged Buyouts
Lecture 76 High Yield Bonds and Structured Debt in Leveraged Buyouts
Lecture 77 Equity Instruments in Leveraged Buyouts
Lecture 78 Hybrid and Convertible Instruments in Leveraged Buyouts
Lecture 79 More Detail on Convertible Debt Securities
Lecture 80 Derivative and Contingent Instruments in Leveraged Buyouts
Lecture 81 Vendor Financing in Leveraged Buyouts
Lecture 82 Bridge Financing in Leveraged Buyouts
Lecture 83 Capex Line of Credit
Lecture 84 Earn-Outs in Leveraged Buyouts
Lecture 85 LBO Valuation Methods Glossary
Lecture 86 LBO Financial Toolkit: Understanding Debt, Equity, Other Financial Instruments
Section 9: Strategic Ranking of Financing Instruments in Leveraged Buyouts
Lecture 87 The Relative Ranking of LBO Financing Instruments: Introduction
Lecture 88 Financial Instrument Rankings - Short Term to Long Term
Lecture 89 Financial Instrument Rankings - Low Cost to High Cost
Lecture 90 Financial Instrument Rankings - Low Risk to High Risk
Lecture 91 Financial Instrument Rankings - High Security to Low Security
Lecture 92 Financial Instrument Rankings - Low Return to High Return
Lecture 93 Case Study: KKR RJR Nabisco Deal: Cost, Risk, Security and Returns
Lecture 94 The Relative Ranking of LBO Financing Instruments Section Summary
Section 10: Designing Optimal Capital Structures for LBOs
Lecture 95 LBO Financing Structures Section Introduction
Lecture 96 Understanding Classic Capital Structure Theory
Lecture 97 Illustrative LBO Financial Structure
Lecture 98 Debt in LBO Capital Structures
Lecture 99 Understanding Payments-in-Kind (PIK) Toggle
Lecture 100 LBO Debt Glossary
Lecture 101 Equity in LBO Capital Structures
Lecture 102 Financial Instruments in LBOs Glossary
Lecture 103 The Two-Level Holding Company Structure in LBOs
Lecture 104 Case Study: KKR's Evolution in Deal Financing in the 1980s
Lecture 105 Case Study: Nabisco vs Toys "R" Us
Lecture 106 Risk Management Terms Glossary
Lecture 107 LBO Capital Financing Structures Section Summary
Section 11: Section 11. Advanced Debt Instruments in LBOs: Enhancing LBO Financial Strategie
Lecture 108 Esoteric Debt Structures in LBOs - Section Introduction
Lecture 109 Club Transactions in LBOs
Lecture 110 Stub Equity in LBO Transactions
Lecture 111 What does the term Hybrid Financing mean in LBO Transactions
Lecture 112 What is a Leveraged Recapitalisation?
Lecture 113 Restructuring Pathways in LBO Transactions
Lecture 114 The Role of Securitisation in LBO Financing
Lecture 115 Esoteric Debt Structures in LBOs: Navigating Complex Financing Solutions Section
Section 12: Capital Structure Strategies in Leveraged Buyouts
Lecture 116 LBO Frameworks and Optimising Capital Structure Section Introduction
Lecture 117 LBO Debt Understanding Security
Lecture 118 LBO Debt - Understanding Seniority
Lecture 119 Legal Entity in the Context of LBO Debt
Lecture 120 Maturity in the Context of LBO Debt
Lecture 121 The Importance of Staggered Maturities in LBOs
Lecture 122 Glossary of Key Terms: Leveraged Buyout (LBO) Debt
Lecture 123 Convertibility in LBO Debt Instruments
Lecture 124 Coupon in the Context of LBO Debt
Lecture 125 Call Protection and Non-Callable LBO Debt
Lecture 126 Glossary of Key Terms: Additional Aspects of Leveraged Buyout (LBO) Debt
Lecture 127 High Yield Debt Overview and Glossary
Lecture 128 Financing Terms in LBOs Glossary
Lecture 129 LBO Frameworks and Optimising Capital Structure Section Summary
Section 13: Navigating Covenants: Essential Controls in LBO Financing
Lecture 130 The Crucial Role of Covenants in LBOs Section Introduction
Lecture 131 What are Covenants?
Lecture 132 Senior Secured Debt Covenants
Lecture 133 High Yield Debt Covenants
Lecture 134 Covenant Lite Loans in the Context of LBO Financing
Lecture 135 Covenants in LBO Financing Section Summary
Section 14: Understanding the Financial Dynamics of Leveraged Buyouts
Lecture 136 Mastering Financial Metrics in Leveraged Buyouts - Section Introduction
Lecture 137 What do we mean by Debt Capacity?
Lecture 138 Debt Capacity Interview Question
Lecture 139 Case Study: Calculating Debt Capacity for TechGen Corp
Lecture 140 Leverage Limits in the Context of LBO Debt
Lecture 141 Determining Cash Flow Available for Debt Service: KKR Case Study
Lecture 142 What are Debt Service Coverage Ratios?
Lecture 143 Ability to Pay Analysis
Lecture 144 Ability to Pay Case Study
Lecture 145 Six Key Credit Ratios in an LBO
Lecture 146 What do we mean by Targeted Returns?
Lecture 147 What is the Internal Rate of Return?
Lecture 148 What do we mean by Money Multiples?
Lecture 149 What is the role of Key Performance Indicators?
Lecture 150 Taxation Terms Glossary
Lecture 151 Mastering Financial Metrics in Leveraged Buyouts Section Summary
Section 15: From Sourcing to Closing: The Steps of a Private Equity LBO Deal
Lecture 152 The Private Equity Deal Process in Leveraged Buyouts Section Introduction
Lecture 153 The Private Equity Deal Process - Step by Step
Lecture 154 Deal Sourcing in Leveraged Buyout Transactions
Lecture 155 Deal Origination Terms Glossary
Lecture 156 Industry Specific Terms Glossary
Lecture 157 The Importance of Deal Screening
Lecture 158 Understanding Non-Disclosure Agreements
Lecture 159 Confidentiality Agreement or Non Disclosure Agreement Terms Glossary
Lecture 160 The Due Diligence Phase
Lecture 161 Glossary of Due Diligence Terms
Lecture 162 Virtual Data Room Glossary
Lecture 163 What do we mean by an Indication of Interest (IOI)?
Lecture 164 Illustrative Outline Structure of an Indication of Interest (IOI) Letter
Lecture 165 Letter of Intent (LOI) - Its Purpose and Importance
Lecture 166 Leveraged Buyout Expert Illustrative Letter of Intent (LOI) Structure in an LBO
Lecture 167 Letter of Intent Terms Glossary
Lecture 168 Leveraged Buyout Negotiation Process
Lecture 169 Finalising the Acquisition
Lecture 170 Sale and Purchase Agreement Terms Glossary
Lecture 171 Detailed Key Points in the LBO Process Glossary
Lecture 172 Glossary of the Key Activities from the Deal Process
Lecture 173 Transaction Execution Glossary
Lecture 174 The LBO Deal Process Section Summary
Section 16: Inside the Investment Committee: Power and Responsibility in Private Equity
Lecture 175 Role of the Private Equity Firm Investment Committee Section Introduction
Lecture 176 The Purpose of the Investment Committee
Lecture 177 Investment Committee's Influence and Importance in a Private Equity Firm
Lecture 178 The Membership of the Investment Committee
Lecture 179 The Decision Making Powers of the Investment Committee
Lecture 180 Committee Responsibilities in an LBO Transaction
Lecture 181 The Role of the Private Equity Firm Investment Committee: Section Summary
Section 17: The Fundamentals of LBO Financial Modelling
Lecture 182 What is an LBO Model?
Lecture 183 What Makes a Good LBO Model
Lecture 184 What is the Difference between a Q&D and Fully Integrated LBO Model?
Lecture 185 Outline Structure of an LBO Model
Lecture 186 What is Stress Testing?
Lecture 187 LBO Modelling Input Glossary
Lecture 188 LBO Model Structure and Calculation Glossary
Section 18: Exploring the Intricacies of LBO Financial Models
Lecture 189 Introduction to LBO Modelling
Lecture 190 Navigation: Overview of an LBO Model
Lecture 191 Inputs: Document Sources
Lecture 192 Inputs: LBO Model Global Assumptions
Lecture 193 Inputs: LBO Model Key Assumptions
Lecture 194 Inputs: LBO Model Operational Assumptions
Lecture 195 Inputs: The Sources and Uses of Funds
Lecture 196 Financial Statements: LBO Model Financial Projections
Lecture 197 Financial Statements: Linkages and Balance Sheet Adjustments
Lecture 198 Financial Statements: Circularity in LBO Models
Lecture 199 Schedules: Working Capital Schedule
Lecture 200 Schedules: Revolver and Cash Sweep
Lecture 201 Schedules: Goodwill in LBOs
Lecture 202 Schedules: Tax Schedules
Lecture 203 Schedules: Depreciation and Amortisation Schedules
Lecture 204 Schedules: Debt Schedule
Lecture 205 Schedules: Debt Ratio Calculations
Lecture 206 Schedules: Distribution Waterfall
Lecture 207 Outputs: Valuation: WACC and DCF
Lecture 208 Outputs: Returns and Leverage
Lecture 209 Outputs: LBO Model Returns to Private Equity
Lecture 210 LBO Modelling Output Glossary
Lecture 211 Reports: General Report
Lecture 212 Reports: Financial Report
Lecture 213 Reports: Ability to Pay
Lecture 214 Reports: LBO Value Creation Analysis
Lecture 215 Reports: LBO Deal Presentation
Section 19: Evaluating LBOs: A Detailed Transaction Analysis Workflow
Lecture 216 LBO Transaction Analysis Step by Step Section Introduction
Lecture 217 Step 1: How to arrive at an LBO Valuation
Lecture 218 Step 2: Is this a Good Debt Story?
Lecture 219 Step 3: How defensible is the Business Model?
Lecture 220 Step 4: Risk Factors - Check List
Lecture 221 Step 5: Financial projections Check List
Lecture 222 Step 6: Challenging the EBITDA
Lecture 223 Step 7: Construct Sources and Uses of Funds
Lecture 224 Step 8: Calculate your Transaction IRRs
Lecture 225 Step 9: Additional Returns Analysis MoM, Ability to Pay, Multiple Expansion
Lecture 226 Step 10: Does the LBO Work?
Lecture 227 Deal Metrics Glossary
Lecture 228 Deal Analysis Glossary
Lecture 229 Section Summary: LBO Transaction Analysis Checklist
Section 20: The Role of Equity Incentives in Driving LBO Success
Lecture 230 Management and Employee Equity Incentives in LBOs - Section Introduction
Lecture 231 Introduction to Management Equity Incentives
Lecture 232 Understanding the Mechanics of Ratchets
Lecture 233 The Mechanics of Sweet Equity and the Envy Ratio
Lecture 234 Share Options in Equity Incentive Programs
Lecture 235 Glossary of Management Equity Incentives
Section 21: The Fundamentals of Transaction Documentation in LBOs
Lecture 236 Key Transaction Documentation in Leverage Buyouts Section Introduction
Lecture 237 Acquisition Documentation
Lecture 238 Complex Negotiation Areas in LBO Acquisition Documentation
Lecture 239 The Equity Documentation
Lecture 240 Investment Disclosure Letter
Lecture 241 The Articles of Association
Lecture 242 The Debt Documentation
Lecture 243 Loan Note Instruments
Lecture 244 The Senior Facilities Agreement
Lecture 245 The Mezzanine Facility Agreement
Lecture 246 High Yield Bond Documentation
Lecture 247 The Intercreditor Agreement
Lecture 248 Security Requirements of Funders
Lecture 249 Other Key Documentation
Lecture 250 Key Transaction Documentation in Leverage Buyouts Section Summary
Section 22: Navigating the Transaction Management Phase of LBOs
Lecture 251 Transaction Management Section Introduction
Lecture 252 Monitoring LBO Investments
Lecture 253 Five Steps to Managing an LBO Investment
Lecture 254 Understanding Value Creation Levers
Lecture 255 Glossary: Post Acquisition Strategy Terms
Lecture 256 Glossary: Integration and Restructuring Terms
Lecture 257 What if Further Funding is required?
Lecture 258 Under Performance and Financial Restructuring
Lecture 259 Debt Capitalisation and Restructuring
Lecture 260 Equity Cures and Debt Buybacks
Lecture 261 Glossary: Performance Improvement Terms
Lecture 262 Directors' Duties in Private Equity Deals
Lecture 263 Implications of Management Changes
Lecture 264 Transaction Management Phase: Section Summary
Section 23: Navigating LBO Exit Planning: From Investment to Divestment
Lecture 265 Introduction to Exit Planning
Lecture 266 Preparation: Investment Stage Exit Planning
Lecture 267 Preparation: Post Investment Exit Planning
Lecture 268 Glossary LBO Deal Exit Terms
Section 24: Understanding IPOs as an Exit Strategy for LBO Investments
Lecture 269 The IPO Process
Lecture 270 Advantages of an IPO Exit
Lecture 271 Disadvantages of an IPO Exit
Lecture 272 Impact of the JOBS Act
Lecture 273 Glossary of IPO Terms
Section 25: Navigating Post-IPO Share Sales: Understanding Rule 144 and Secondary Offerings
Lecture 274 Share Sale after the IPO: Rule 144
Lecture 275 Share Sale after the IPO: Secondary Registered Offerings
Section 26: The Ins and Outs of Trade Sales for LBO Exits
Lecture 276 Sale to a Third Party
Lecture 277 Process of a Trade Sale
Lecture 278 Advantages of a Trade Sale Process
Lecture 279 Disadvantages of a Trade Sale Process
Section 27: From One LBO to Another: Mastering Secondary Buyouts
Lecture 280 What is a Secondary Buyout
Lecture 281 Secondary Buyout Process
Lecture 282 Implications of Secondary Buyouts
Section 28: Leveraging Management Buyouts for Effective LBO Exits
Lecture 283 Management Buyouts (MBOs)
Section 29: Strategies for Partial Exits from Leveraged Buyouts
Lecture 284 Partial Exits - Recapitalisation
Lecture 285 Partial Exits - Dividend Recapitalisations
Lecture 286 Partial Exits - Redemption Rights
Lecture 287 Partial Exits - Tag Along Rights
Section 30: The Final Option: Liquidation in Leveraged Buyouts
Lecture 288 LBO Liquidations
Section 31: Responsibility and Consequences: Ethics in LBOs
Lecture 289 Ethical Implications of LBOs
Lecture 290 LBOs - Ethical Challenges for Directors
Lecture 291 Ethical Issues From an Employee Perspective
Section 32: Summary and Wrap Up
Lecture 292 Summary and Wrap Up
This leveraged buyout course is designed for a range of learners interested in the intricate world of corporate finance, especially those focusing on private equity transactions. Here's a detailed description of the intended learners: Finance Professionals: Ideal for analysts, associates, and managers in finance sectors seeking to deepen their understanding of LBOs and their applications in private equity. Business Students: Suitable for undergraduate and graduate students specializing in finance or business who wish to acquire a practical understanding of how LBOs work. Aspiring Private Equity Investors: Entrepreneurs and individuals looking to enter the private equity industry will find the detailed case studies and financial modeling skills particularly valuable. Corporate Executives: Senior managers and executives considering leveraged buyouts as a growth strategy or exit planning will benefit from the strategic insights into managing such transactions. Investment Enthusiasts: Individuals with a strong interest in the mechanics of major financial transactions and corporate restructuring efforts will gain comprehensive knowledge from this course. This course is tailored to equip these learners with the tools and knowledge to analyze, evaluate, and execute leveraged buyouts effectively, enhancing their competencies in complex financial transactions.
https://fikper.com/epzHhKGRcn/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part01.rar.html https://fikper.com/RK8zXqfcs2/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part02.rar.html https://fikper.com/R04Z74X5zV/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part03.rar.html https://fikper.com/heFLBcMxRC/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part04.rar.html https://fikper.com/3z3Cotpdwd/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part05.rar.html https://fikper.com/qBrfTgeNNL/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part06.rar.html https://fikper.com/ONwT6be2Lj/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part07.rar.html https://fikper.com/J8McoK5bR7/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part08.rar.html https://fikper.com/x1bXwxTX8T/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part09.rar.html https://fikper.com/DL5Xzq85RM/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part10.rar.html https://fikper.com/iFVUYThRHN/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part11.rar.html https://fikper.com/jIC9PZ5PnC/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part12.rar.html https://fikper.com/xspY3Ak4Lf/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part13.rar.html https://fikper.com/oe96os6LJN/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part14.rar.html https://fikper.com/xhAA6Ii5U5/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part15.rar.html https://fikper.com/zolxj1RBQV/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part16.rar.html https://fikper.com/wxGHizHOvR/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part17.rar.html
https://rapidgator.net/file/0236dc1b459a02f0a44bd010188bbbf4/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part01.rar https://rapidgator.net/file/1adec8f5a85c44ea5b8f9e97f8326152/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part02.rar https://rapidgator.net/file/e67c77dd9c0523f01cf64d4b4aa1a4e6/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part03.rar https://rapidgator.net/file/ca02ed37578baea8fff7ef7997ecc4d9/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part04.rar https://rapidgator.net/file/95da7f749b3173b1165740e218c7a4f9/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part05.rar https://rapidgator.net/file/c906da294206bed69ea78f5b1d2bd047/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part06.rar https://rapidgator.net/file/61571d4b4e55f5c6f634b97b25ae35a4/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part07.rar https://rapidgator.net/file/e481284ee0a2fa0fc9b2bf7d2c4468c6/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part08.rar https://rapidgator.net/file/90108fcb18da9244eac3a76c7b9fbc89/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part09.rar https://rapidgator.net/file/4f415c039651fe1d058fd760f75819d8/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part10.rar https://rapidgator.net/file/08f17a647e6b5cb686560cfe4cb2562b/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part11.rar https://rapidgator.net/file/ec1dcd63abf70dea342b0af22d0a73c9/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part12.rar https://rapidgator.net/file/d1d1eee17898a247ffda5cb77a2837b0/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part13.rar https://rapidgator.net/file/10195a611db3c11f0e4c6ff4543475e0/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part14.rar https://rapidgator.net/file/ff99eab2c8fb7e7faf91ff6a51e268bc/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part15.rar https://rapidgator.net/file/8383af465ec2d8dfbe48848e6f9a20ea/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part16.rar https://rapidgator.net/file/e32d5d2c25e2f4ac25258dff8633260e/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part17.rar
https://katfile.com/x0yhs84cevdo/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part01.rar https://katfile.com/guz66uijvgb1/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part02.rar https://katfile.com/1jp5mwfsl8mo/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part03.rar https://katfile.com/o99p1l46rp4x/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part04.rar https://katfile.com/soy7h3v3p4k8/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part05.rar https://katfile.com/megk3sg30hii/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part06.rar https://katfile.com/4t6k954210h3/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part07.rar https://katfile.com/4nxvq0dsrp7d/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part08.rar https://katfile.com/0e2za7l6rsva/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part09.rar https://katfile.com/aycimehvmlzs/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part10.rar https://katfile.com/teoh3i514ycv/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part11.rar https://katfile.com/iyqfy3oxy12l/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part12.rar https://katfile.com/bqeo9mwzrkxj/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part13.rar https://katfile.com/rz9cf08dahhd/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part14.rar https://katfile.com/eyxl1prcr3jc/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part15.rar https://katfile.com/k7kortdvdia7/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part16.rar https://katfile.com/97gmhdd98x6c/Investment.Banking.and.Finance.Leveraged.Buyouts.LBOs.part17.rar
Free search engine download скачать: Investment Banking and Finance Leveraged Buyouts LBOs