Assurance on capital markets transactions

If you want to raise debt (or equity capital) in today’s rapidly-changing international capital markets you have your work cut out for you. To begin with, not only do you need to select the right capital markets and the right team of advisers, but you also need reliable advice on compliance with national regulations and listing rules. Plus, you also need to properly prepare your business to operate as a public company. And, should your company be undergoing the tribulations of a merger or an acquisition, tax advice is one of the most vital services you’ll need—if the M&A process is to succeed. Finally, because value and price are central to all business transactions, a wise company will ensure that it has the best advice it can get on such matters as determining values for company boards and regulatory agencies, possible legal disputes, corporate reorganisations, flotations, or new investment opportunities.

If this is your situation

• You are a private company with no previous experience in accessing the capital markets.
• You need to understand which market is right for you and what regulations and market practice you will need to comply with.
• You are unclear as to who should be on your advisory team, what you should expect from them, and what might be a realistic timetable for your transaction
• Your financial record is complicated by a reorganisation, demerger of operations, or changes in accounting policies and you need to understand how that should be presented to investors.
• You need additional expertise and resource to project manage your transaction as your own resources and management time will be fully stretched during the process.
• You want to avoid any pitfalls in terms of successfully keeping to your timetable.
• You need help in understanding how to continue to comply with regulation and investor expectation once you have become a public company.

What PwC can do for you

For companies seeking to raise debt or equity capital in the capital markets, PwC can provide an independent view of the critical issues involved in accessing a particular capital market. Our advice is tailored according to whether you are a smaller, entrepreneurial company unfamiliar with the IPO process, or a sophisticated national or multinational company that regularly uses the international capital markets. At Pwc we can provide advice at all stages of the process, from preparing for life as a public company, selecting the right capital market and establishing the right team of advisers, to advising on regulatory issues. Our experienced professionals can help you make informed investment decisions; evaluate technical, operational, market and financial risks; and assist with raising finance and communicating investment decisions to analysts and investors to improve shareholder value. And, we can also help locate the financing that will boost your market share and suggest ways of better managing assets and large capital investments amidst increased competition, or in times of market uncertainty. We also help companies convert to IFRS or US or BE GAAP; establish the right project management structure; and anticipate the potential pitfalls companies face in preparing for the public capital markets.