TMA Webinar: Calculating Financing Costs in 2011

CHICAGO, Feb. 15, 2011 /PRNewswire/ -- Six weeks into 2011, U.S. deal flow notched its best activity since 2008 based on large transactions in such sectors as utilities and raw materials. But looming debt maturities and hemmed-in credit availability at the small and mid-market level remain potential crosscurrents in deal flow.

Turnaround Management Association will present a Webinar examining developments in financing and the likely performance of capital markets this year. "Financing Trends in 2011" will be held Thursday, February 17, 2011 from noon to 1 p.m. (EST).

The program will contrast the 2010 credit scene with the emerging lending landscape in 2011 as it relates to debt pricing, leverage multiples, fundraising and transaction structures. Presenters are:

• John Baumgartner, Grant Thornton LLP, Houston: Baumgartner has more than 15 years of restructuring, consulting and corporate finance experience, including financial and operational restructurings, solvency analyses, fraudulent transfer disputes, forensic accounting investigations, asset divestitures, valuations of corporate finance transactions and troubled company due diligence.
• Colin Chenault, Wells Fargo Capital Finance, Dallas: As a director, Chenault oversees new business origination, focusing on Southwest-based financial sponsors and intermediaries, and the launching and structuring of middle market debt financings. Previously, he worked for CSG Investments, a subsidiary of Beal Bank, where he was in charge of business development and underwriting.
• Brad Parish, D.E. Shaw Direct Capital LLC, New York: Parish is a director of D.E. Shaw Group's direct capital unit, which provides debt and equity capital to businesses across various industry sectors. Previously, he worked at private equity firm Advantage Capital Partners, and Morgan Stanley & Co., Inc., where he provided investment banking services to businesses involved in corporate transactions.
• Duncan Bourne, Wynnchurch Capital, Chicago: A certified turnaround professional, Bourne works with the firm's portfolio companies and has held interim management posts in manufacturing, transportation, hospitality and consumer products companies. As a partner with BDO Seidman LLP, he led the Midwest turnaround and restructuring practice. He also worked as a director with AlixPartners and as senior manager in the financial advisory services consulting group at Ernst & Young.

Chicago-based TMA, www.turnaround.org, has more than 9,000 members in 47 chapters worldwide and includes turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

Reporters who want to listen to the Webinar should email credentials to [email protected], by 5 p.m. Central on Wednesday, February 16.

SOURCE Turnaround Management Association