Designing solutions for complex debt transactions by optimising group structures, as well as advising on complex accounting and tax aspects
Debt Advisory
We support businesses in achieving their financing objectives through their life cycles by identifying and implementing financing solutions, whether that involves funding a growth agenda, securing the best deal for resolving upcoming debt maturities or accessing alternative sources of liquidity.
This includes assisting our clients in raising debt by developing custom-tailored and sustainable financing structures that are optimal for them commercially. Additionally, we provide advice on how to achieve the optimal capital structures including unlocking liquidity from the balance sheet when there is a need to alleviate pressure.
We have the expertise to manage the entire process of any engagement from start to finish, allowing management to remain focused on their day-to-day business operations. Our market knowledge and expertise allow us to appropriately articulate our client’s credit story thereby, minimising delivery risk.
Our services at a glance
In addition to accessing PwC’s unrivalled global network, the following are key features to PwC’s service offering:
- Our independence from funding sources allows us to provide impartial, independent and practical advice. We run a competitive process to ensure the best results for our clients without consideration for any follow-on distribution.
- We have a successful track record of delivering on debt-raising deals, including acquisition financing, growth capital, project financing (greenfield/brownfield projects) and working capital.
- We know how “bankable” debt-raising solutions should be structured. Our proven expertise spans across a range of products, including senior and subordinated debt and quasi-equity products. We ensure that any funding position is optimal for our client from a cash, accounting, taxation, legislative and commercial perspectives.
- Our broad and strong relationships with financiers, both local and regional, assists us in getting best-in-class deals for our clients. Knowing the right people at the right levels in the lending community enables us to unlock bottlenecks. Our wide pool of investor relationships, including mezzanine financiers, allows us to provide our clients with liquidity and product flexibility on optimal terms.
- Our team consists of advisory professionals with debt advisory experience. As a well-resourced team, we have the horsepower to drive the financing process from start to finish.
Our approach
Our approach to any engagement is straightforward: we provide advice and implementation services based on what can be practically delivered, rather than what is theoretically stated, considering the geography and circumstances in which our clients operate. Our fee structure offers value for money, as it comprises a nominal retainer to ensure client buy-in, and a success fee component. We receive a lion’s share of our fee when we achieve our clients’ objectives, thereby ensuring our interests are aligned with theirs and our skin is in the game from the onset.
We have listed below a series of questions that might help you in determining whether our services might be of interest to you.
Key questions / considerations for you
Do you need funds for new investments (acquisitions, capex, working capital?)
Are you looking to improve the commercial terms and structure of your current debt facilities?
Do you need to refinance existing facilities within the next 12 months?
Do you wish to release encumbered assets or feel that your security structure is not optimal?
Are you facing a cash squeeze due to upcoming amortisation payments?
Are your finance documents or covenants impacting your flexibility to operate effectively?
Are you looking to improve your return on equity and optimise your capital structure?
Do financiers view you as highly leveraged, and is this affecting your ability to operate or grow?
Are you planning to sell your business and want to structure the balance sheet in a way that could add value to your sale price?
If the answer to any of these questions is “yes”, then it is definitely time for us to collaborate.
