The path of a private company deciding to list its shares on a stock exchange (a process known as an IPO – Initial Public Offering) is one that is covered in most corporate finance courses and plenty of examples spring to mind with another high profile IPO happening in the US just last week for […]
Dealing with companies that end up with too much debt is a core part of corporate finance. There are plenty of recent examples of companies that had unsustainable debt levels and needed to restructure these to survive (e.g. Digicel, NewLook, Carillion, PizzaExpress). For some, there can be a solution whereby the debt is restructured and […]
The news last week that Netflix is raising another $1bn of debt to fund more original content and possible business acquisitions has again brought into focus Netflix’s funding model and capital structure. In 2019 the company had two separate fundraisings totaling in excess of $ 4bn in debt and as of March they had over […]
The recent news of PaddyPower putting a portfolio of its betting shops up for sale with the plan to lease these back over 15 years has put the focus back on sale and leaseback transactions as part of business financing. We take a look below at this source of finance, why it is attractive to […]
The landscape for lease accounting has taken a significant change since 1st January 2019 with IFRS 16 now replacing IAS 17 in accounting for leases. This new standard has been over 10 years in development since the first discussion paper was released by IASB back in 2009. It represents a fundamental change to accounting for […]
With 2019 well underway, attention is now turning to the various interim assessments (IAs) over the next couple of months. Although not all subjects at CAP1 and CAP2 have IAs, there is a growing number of assessments to deal with along with a busy period in work for most. However, it is also important that […]