We work with companies of all sizes across a range of sectors in considering the financing implications of various business strategies and objectives, including growth, business capacity, merger and acquisitions, regulatory implications and new initiatives/special projects and bids. This involves a detailed dialogue with senior management in order to understand the reasoning behind the strategy and the outcomes sought in following them. We frequently take this understanding forward through financial modelling in order to develop a clear framework for comparison of different inputs, assumptions and scenarios and in order to consider different financing options to underpin the strategy.
We offer clients a rigorous test of their plans within a qualitative and quantitative framework, as well as a practical and innovative approach in seeking to deliver them from a financing perspective.
Liability Management encompasses a range of activities and techniques to actively assess and manage a Company’s liabilities. Traditionally the most common liability management activities were listed debt repurchases, listed debt tenders and listed debt exchanges but activities involving private unlisted debt, derivative and pensions liabilities are now becoming more common place.
Companies are increasingly recognising the value of a proactive approach to liability management, particularly where this complements debt issuance and management activities. With the globalisation of credit markets, an active debt management programme dovetails with debt investor management activity to drive the maintenance of performing credit benchmarks. Liability management, therefore, forms an essential part of an efficient treasury operation.
Centrus has broad experience in advising on both the analytical, strategic and market aspects of these activities. With a team comprising debt and credit capital market specialists and extensive bank and institutional relationships, it can support with all aspects of liability management including process, regulatory requirements and the preparation of documentation used to support the accounting analysis of various transactions. Our markets background is combined with a clear understanding of our client’s objectives and an absolute focus on delivering the best outcome for them. This results in creative and innovative solutions to specific circumstances as evidenced by some of the transactions we have managed.