Creative Financing Using Convertible Securities and Warrants
Tuesday, July 21, 2015 10:30am PT/1:30 pm ET
Convertible securities are tools which combine features of debt and equity financing. They help companies raise capital whie minimizing debt servicing outlays, and appeal to a wide array of companies from high-growth firms to those with low credit ratings. Stock warrants are an additional capital raising tool, and can help optimize intercompany agreements, including mergers, acquisitions, and joint ventures. The catch? They're tricky to value and can lead to complicated accounting treatment.
We’ll discuss:
Landscape of financing instruments outside of pure debt and equity
How convertables and warrants can impact financing activities
How the use of complex securities differs between mature and early stage companies
Techniques for estimating the fair value of convertibles and warrants
Idiosyncratic features that can lead to accounting surprises
How to prepare and plan pre-issuance to optimize the deal terms
Learn ways to manage the risks and benefits of these complex securities..
COST: Free PROGRAM KNOWLEDGE LEVEL: Basic, intermediate FIELD OF STUDY: Accounting/finance DELIVERY METHOD: Group—Internet based ADVANCE PREPARATION: None required CPE CREDIT: 1.0—Accounting
Questions? Please contact Kathleen Taylor or call 480-428-3414
National Registry Sponsor Identification Number: 111637
Equity Methods is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
Equity Methods is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
