Information on the Issuer

Abstract

Generally, the banks best placed to be appointed in a lead role will already have a good understanding of the issuer and its business. There may, however, be other houses with strong capabilities included in the beauty parade that may be less familiar with the company, for a variety of reasons. In addition, detailed information on private companies is not always forthcoming and there may be additional elements which can render this difficult to unearth, for example when material acquisitions or disposals are being undertaken around the time of the beauty parade (or shortly beforehand), therefore clouding many of the parameters that the banks may already be familiar with.