SID-SGX-PwC Workshop

Doing deals, raising finance in this environment

Date   : 17th March 2010 

Venue : Marina Mandarin

For 2008, the M&A year for all intents and purposes ended on 15 September, the day Lehman Brothers filed for bankruptcy and Merrill Lynch was taken over by Bank of America. Confidence plunged and fear of systemic meltdown gripped the business world. The credit crunch intensified overnight into a global credit freeze. Stock markets across the world plunged. The global banking system and financial markets went into cardiac arrest. The sub-prime crisis, which until then had been confined mainly to the financial sector, spilled into the real economy. Whilst there are signs that the credit market is improving, credit remains tight. Even Asian banks that have been largely unscathed by the sub-prime
crisis have become credit-shy.

This breakfast event looks at how companies should be considering deals and raising finance in today’s environment. The presentation will provide an insight into current market conditions and be illustrated with examples of recent deals and methods of financing in Singapore and the region.