Understanding complex transactions
Whilst the previous two parts of this book focused on the general underlying principles for a deal as well as the different life stages of a transaction, the following part focuses more on the different tools that are available at these stages and which you may wish to use in order to understand different areas of transactions and different deal-related processes throughout the life of such deals. Although these tools may address different needs there’s at least one commonality: they are all designed to make your life—regardless of whether you are an investor, issuer, analyst, regulator, lawyer, portfolio manager, etc.—easier. All of these tools have been used by me and have been functioning properly at the time of writing. However, due to the very dynamic nature of this particular capital market arena, you need to ensure that you keep abreast of any developments, be it regulatory or market-driven changes, because just doing that may give you a competitive edge.
I’m particularly excited about Part III of this book because it’s where I am hoping to be able to add value to what you do and on a larger scale to the market. Whilst some of the tools are free and do not need any other prerequisites in order to use them, the majority will require that you have access to certain portals or data providers such as Bloomberg or subscription access to the rating agencies’ websites. Both of these requirements do not come cheap, but, equally, if your firm ...