Overview of Corporate Finance
Learn about equity capital markets. Concepts covered include types of equity capital and IPOs
Overview
Unlock the world of equity financing in this dynamic course designed for aspiring finance professionals and entrepreneurs. Explore the full spectrum of equity capital options available to both public and private companies, and gain insider knowledge on how deals are structured—from syndicates and gross spreads to the step-by-step mechanics of IPOs and follow-on offerings. Subjects covered include: - What is equity capital - Types of equity and liquidity preference - Relative cost of equity vs. other financing alternatives - Equity options available to public and private companies - Syndicate structure - Gross spread (management fee, underwriting fee, selling concession) - Overallotment option (“greenshoe”)
- Equity capital markets overview
- Origination vs. syndicate
- Private placements overview
- PIPE overview
- IPO considerations, process and modeling
- Why pursue an IPO vs. sale
- Overview of IPO process from pitch to closing including junior banker responsibilities
- IPO modeling, valuation and discounts
- Follow-on execution methodologies