BLOG
FINENZA
Concept of the month Vendor Due diligence
Unlike buy-side due diligence, in vendor due diligence (VDD) it is the seller himself who orders the audit process, thus demonstrating the authenticity of the financial statements offered about his company to potential buyers. Thus, the seller requests an independent...
Concept of the month Equity- Kicker
kicker is a right, an exercisable warrant, that is added to a debt instrument as an incentive for potential investors, giving the debt holder the potential option to buy shares in the issuer. It is used exclusively for the benefit of lenders to increase their expected...
New regulation of FP: Current situation and key points of the Government’s project
In recent years, vocational training (FP) in Spain has been made up of two subsystems aimed at different groups, unrelated to each other and generating limitations in professional qualification and requalification in Spain. These two sub-systems are: La formación...
Meet Andres Serra: Employee profile of the month
Advisory Board, Finenza Andrés SerraRenowned Chilean businessman, Andrés Serra has held various management positions in various industrial sectors, including: Director of the Eperva fishery; the Chilean holding Angelini; Cementos Polpaico, one of the main cement and...
concept of the month Locked-box
Locked-box mechanisms is used by the selling dealer to allowed him to ensure the operation and, I addition, cover the increase in value of the company are the cash and debt adjustment and the locked-box. In the locked-box, the parties agree on a fixed price based on...
Direct Lending funds, the financing alternative to bank loans
The 2008 financial crisis marked a turning point in a traditional financing model, in which commercial banks had a fundamental weight, giving way to alternative sources of financing, such as Direct Lending or private debt funds. The constant search for financing to...