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所在平台: Udemy |
课程主页: https://www.udemy.com/course/ipo-investment-banking-debt-restructuring/
课程评论:没有评论
**课程总结:IPO、投资银行与债务重组** 本课程深入探讨了企业融资的各个方面,从初创企业到成熟公司,涵盖了各种筹集资本的途径及其对公司财务健康状况的影响。 **核心内容概览:** * **企业财务生命周期与融资策略:** 课程首先解析了企业从初创到上市的财务发展历程,并指出不同阶段的企业需要不同类型的融资。 * **首次公开募股 (IPO):** 重点讲解了企业上市(IPO)这一主流融资方式,并深入探讨了IPO定价的关键性 sowie 不同的定价计算方法。 * **投资银行业务:** 介绍了投资银行业务,包括并购 (M&A) 以及交易业务等,这些都是投资银行的主要收入来源。 * **公司私有化:** 探讨了上市公司选择回归私有的优势。 * **债务融资与重组:** * **债务发行:** 分析了企业发行债务融资时的到期日选择等相关考虑因素。 * **债券回购与再融资:** 教授了如何计算债券回购再融资的净现值,以及通过较低利率进行债务置换的策略。 * **项目融资中的债务风险:** 最后,课程还关注了项目融资中债务的风险结构,以及这对借款人和贷款人可能带来的潜在收益。 本课程适合希望深入了解企业资本运作、投行职能以及债务管理策略的学习者。
Companies need capital to keep its operations going and to expand their business. Different avenues exist in raising capital through public markets or private markets. Each method of raising capital has its pros and cons which the company has to consider carefully, as the choice will affect the company's weighted average cost of capital, profitability, liquidity, and solvency.The course starts by looking at the financial life-cycle of a company, from start-up to corporation. At each stage, the type of financing will differ. If the company decides to go public, it can do so via an initial public offering (IPO) which is the more popular way. Setting the offering price is a very important aspect of the IPO and we will explore different methods of calculating the offering price.Next, we will look at different activities that generates revenue for the investment bank, from M & As to trading operations.Public listed companies may decide to go private and the course explores the advantages of doing so.If the company decides to issue debt to fund capital projects, then it must choose a maturity for its debt and there are different considerations. Companies may also decide to restructure its existing bond issue and refund it at a lower rate. You will learn to calculate the components required to arrive at the net present value of the bond refunding.Finally, the course looks at the risk structure of debt in project financing and its potential benefits for borrowers and lenders.