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Capital management is the process of obtaining the optimal mix of debt and equity capital for a business. The principal objective of capital management is to maximise shareholder value, measured by a variety of means including improved return on equity and increased share price.
Financial management of both the asset and liability sides of a corporations balance sheet can contribute to increased shareholder value. We offer a range of strategies and financial instruments including:
- actively managing the level of ordinary equity capital using:
- listing of ordinary shares
- ordinary share placement
- share purchase plans
- share buybacks
- Dividend Reinvestment Plans (DRPs).
- use of more efficient forms of capital instruments including:
- convertible notes
- convertible preference shares
- reset preference shares
- capital notes.
- securitisation or other off balance sheet funding, providing funding diversification through limited recourse instruments such as:
- commercial property securitisation (CMBS)
- receivables securitisation (ABS)
- project finance capital markets
- synthetic securitisation
- sale and leaseback
- credit derivatives.
- on balance sheet debt including:
- subordinated notes
- short term senior debt securities
- long term senior debt securities.
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