Our capital markets team provides unbiased advice to businesses on all aspects of their debt and equity capital needs including navigating the complex regulatory requirements of the Stock Exchange of Mauritius and the Financial Services Commission.
Discover our Deals Services
We work with listed and privately-owned companies across the industry, credit and size spectrum. We aim to get involved in the early stages of the capital-raising or capital restructuring process to understand your needs and develop a comprehensive set of financing solutions that consider the full range of debt and equity products and funding sources.
After assessing each option, we assist management or shareholders with the execution of the solution best aligned to stakeholder objectives. We accompany you throughout the process, and can assist you through all stages from initial planning, project management and co-ordination, to completion.
Capital Raising and Restructuring
We assist borrowers, entrepreneurs and shareholders alike to achieve their financing objectives.
We work with listed and privately-owned companies across the industry, credit and size spectrum. We aim to get involved in the early stages of the capital-raising or capital restructuring process, so as to better understand your needs and develop a comprehensive set of financing solutions that consider the full range of debt and equity products and funding sources.
Do you need funds for new investments (capex, working capital, etc.?)
Were your facilities structured at a time when the markets were less liquid and more expensive?
Are you within 12 months of needing to refinance your existing facilities?
Do you wish to release encumbered assets or feel that your security structure is not optimal?
Do you face a cash squeeze as a result of amortisation payments coming up?
Are your finance documents or covenants impacting your flexibility to operate effectively?
Do financiers view you as highly leveraged and is this impacting your ability to operate / grow?
Do you wish 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 the questions above is a “yes”, then it is likely that we can be of assistance.
We can help you in several areas, including:
Evaluating your capital structure and financing alternatives;
Raising capital to support a growth or acquisition strategy or a start-up;
Refinancing your existing debt facilities or accessing new debt products;
Realising value through a recapitalisation, staple financing or an exit;
Raising capital in situations involving financial stress; and
Initial public offerings and follow-on equity offerings on the Stock Exchange of Mauritius; and rights issues.
- After assessing each option, we assist management or shareholders with the execution of the solution best aligned to stakeholder objectives. We accompany you throughout the process, and can assist you through all stages from initial planning, project management and co-ordination, to completion;
- Our independence allows us to get the most advantageous deal for the borrower as we do not have to think about the profitability of the deal for the financier or the attractiveness of it for “on selling” it to other parties. We are free of such vested and conflicting interests, which a lender or a bank may need to consider while simultaneously advising you; and
- We relieve senior management or the entrepreneur of the burden of raising finance so they can focus on their core business activities and on achieving their business goals.
Capital Markets Transaction Advisory Services
Our capital markets team can help you understand and comply with your obligations as a listed entity in the context of a transaction and guide you through the deal process to ensure compliance with local regulatory requirements.
Our capital markets team can help you understand and comply with your obligations as a listed entity in the context of a transaction.
We can guide you through the deal process to ensure compliance with local regulatory requirements for various transactions including IPO, rights issue, carve-outs, spin-offs, private placement, mandatory and voluntary takeover and notifiable transactions.
- Acquisitions and alliances;
- Planning and structuring transactions to optimize stakeholder return;
- Focused due diligence to mitigate risk and drive value;
- Carve-outs/Spin-offs of assets with low returns;
- Management teams looking for advice on investing in/gaining ownership of their company;
- Management buy-in candidates looking for investment opportunities; or
- Private equity houses looking for new investments/disinvestments.
- Driving the project planning, co-ordination and management from start to completion;
Drafting of transaction-specific documents and circulars in accordance with requirements of the Listing Rules and of the Securities Act.
Advising on equity story and transaction positioning;
Managing interaction and defining a communications plan for different stakeholders;
Managing complex shareholder structures;
Acting as independent adviser in the context of a takeover defence in accordance with the Securities Takeover (Rules) 2010;
Advising on the classification of a transaction and the necessary steps in accordance with Chapter 13 of the Listing Rules;
Acting as independent professional expert for the provision of a valuation report in the context of a related party transaction; and
Liaising with the Stock Exchange of Mauritius and the Financial Services Commission for obtaining transaction-specific approvals.
- Since its inception in July 2016, our Debt & Equity Capital Markets Advisory practice has helped our clients raise over MUR1.0bn of debt. We are currently working with our clients to raise over MUR3.0bn from both debt and equity sources across all industries and sectors;
- Our senior team member is a former banker with many years of combined experience in Europe and Mauritius across debt capital markets, advisory and start-ups. Our other team members have deep experience across advisory, banking and family offices;
- We are part of a network of Debt & Capital Advisory desks across Africa, Middle East and Europe with deep understanding of the debt & capital markets and have unrivalled reach into the investor community. For most complex and cross-border financing, we can rely on this network to provide access to extensive sources of liquidity across equity, venture capital, debt capital and alternative lending markets;
- In terms of Transaction Advisory, we have advised on a number of transactions that involved listed companies, including rights issues, takeover offers, acquisitions and disposals. Recent examples include the rights issue and private placement by Sun Limited, the disposal by Cim Financial Services Ltd of its global business arm and the disposal of Monoprix by Harel Mallac & Co. Ltd; and
- We also offer comprehensive and integrated advice on tax structuring, legal and transaction issues. As one of the world's largest Advisory practices, we have strength and depth in dealing with the issues faced in financial re-organisations.
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