Corporate Changes and Restructuring

Carmel F. de Nahlik and Frank J Fabozzi

Chapter 15 in Project Financing:Analyzing and Structuring Projects, 2021, pp 363-396 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionAsset Sales, Acquisitions and MergersLeveraged Buyouts of CompaniesCash is KingDebt StructuresSenior DebtJunior and Subordinated DebtEquityProject Finance Structures Used in LBOSLeveraged Buyout Housed in a SubsidiaryLeveraged Buyout in Which the Acquired Subsidiary or Division is Merged into the Acquiring CorporationRetention of Key PersonnelValuation of an AcquisitionDue Diligence in the Analysis of a Proposed AcquisitionEmployee Stock Ownership PlansSecuritized ESOP LoansUse of an ESOP to Cash Out a Shareholder Sponsor from a Project CompanyUse of an ESOP to Divest a Profitable DivisionUse of an ESOP to Acquire a Project Company or to Increase Stockholdings in a Project Company with Pre-Tax DollarsUse of an ESOP to Permit Repayment of a Bank Loan by the ESOP’s Sponsor Company Using Pre-Tax DollarsConverting Debt to Equity in a Leveraged BuyoutDownsides of ESOPSCase Study: IsoscelesGatewayAppendix: Due Diligence ChecklistIndustry Reports and AnalysesCorporate DocumentsInsuranceGroup Insurance and Welfare BenefitsEnvironmental/OSHA ComplianceProduct DevelopmentManufacturing Inputs and CostsFinancial InformationTax MattersProjectionsMiscellaneous

Keywords: Project Financing; Development Banks; Structured Finance; Infrastructure; Infrastructure Investment; Financial Modeling; Credit Risk; Public Private Partnerships; Corporate Restructuring; Governance; Economic Public Policy; Enivronmental Public Policy; Communication Public Policy (search for similar items in EconPapers)
JEL-codes: F3 G3 G32 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811233173_0015 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811233173_0015 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811233173_0015

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().