The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

This course was formerly known as IR014: Restructuring Master Class & Practical Applications. Please note that the course category has been changed to “Others”.

Programme Objective

There have been "significant uncertainty" over how long and intense the economic downturn will be due to the Covid-19 pandemic. This has exacerbated financial stresses within a wide range of industry sectors. Many corporations may need to be restructured as quickly as possible to sustain the new challenges and adapt to the new normal.

This one-day program studies the work that practitioners may be called upon to perform when working in restructuring and insolvency, with walkthrough of practical issues using case studies.

Specific attention will be given to the restructuring strategies, the successful restructuring, debt and equity restructuring and the related financing solutions.

Programme Outline

1. What is Restructuring
2. Purpose of Restructuring
3. Portfolio Restructuring
4. Restructuring the balance sheet of a company in default
5. Forms of Corporate Restructuring, General Overview
   • Expansion
   • Corporate Control
   • Contraction
   • Changes in Ownership Structure
6. Restructuring Strategies, Detailed Analysis
   • Mergers & Acquisitions
     • Value-added in a merger
     • Strategic Planning Process
     • Buy Strategies
   • Tender Offer
     • Characteristics
     • Strategy
     • Corporate Policy
   • Divestiture & Spinning-Off & Wealth Creation
     • Divestiture & Spinning-Off
     • Incentives, Monitoring & Transaction costs, Information, Signalling
     • Case Study
   • Leverage Buy Out (LBO)
     • Financing Strategy
     • Corporate Policy
7. Key Methods of Reorganizing Assets & Ownerships
   • Assets sales
   • Equity Carve-Out
   • Split up
   • Tracking Stock
   • Exchange Offer
   • Case Study – AT&T, Citi Bank, Lucent Technologies, NCR, Phillip Morris
8. Debt and Financing Restructuring Analysis
9. Restructuring Debt, Equity with Practical Illustrations related to accounting issues.

Measuring Results and Conclusion
 

Pre-requisites

Please take note of the following admission requirements:

• Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
• Mandatory for video camera to be turned on throughout the course
• Display your official name (as per NRIC) in Zoom, to facilitate attendance taking
   

Training Methodology

Lecture style, with Q&A

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This Intermediate to Advanced level programme is specifically designed for decision makers in organizations who are involved in the management of restructuring, insolvency and bankruptcy, as well as: CEOs, CFOs, COOs, Finance Managers with responsibility for restructuring Insolvency and Restructuring professionals in practice, and Judicial Managers Global Heads of Operational Risk, Group Risk, Risk & Contingency Managers, Finance Directors, Compliance/Internal Auditors Risk Control Consultants Government Agencies dealing with Corporate Failures and restructuring, as well as Government bodies regulating Risk Areas Insurers, Brokers, Loss Adjusters Accountants

Programme Facilitator(s)