Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout


CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Lots of Moving Parts Managed Nicely – Polarcus Re-capitalization

As the industry has moved away, voluntarily or not, from the simplicity of bank lending, as its primary funding source, borrowers, with the assistance of their advisors, have become far more sophisticated and used the liability side of the balance sheet as a palette for the many possibilities in financing structures. The multi-tiered capital structures that result may be warranted in an effort to achieve the lowest cost of capital possible or simply a necessity to access capital wherever one can find it. Nevertheless, whatever the motivation, these structures add a level of complexity given the number of stakeholders with their own unique incentives, thereby creating risk should Murphy’s Law apply.

This is only an excerpt of Lots of Moving Parts Managed Nicely – Polarcus Re-capitalization

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login


Related Archive Files

  • No Related Post

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.