Greenhouse Services

The ‘end-to-end’ debt capital markets solutions that Greenhouse delivers for its clients in both western and emerging markets is creative and highly bespoke.

This experience provides Greenhouse with the fundamental insights to equip clients with the capability to react to a fast moving market environment in terms of pricing, structure and strategy to ensure successful execution. Our service officering spans debt markets origination, loan markets, structured debt markets, non-investment grade, private placements and capital restructuring.

Industries Served

Aerospace & Transportation

Business Services

Clean Energy/Renewables

Consumer, Energy

Defence & Government Services

Financial Services

General Industrials

Healthcare

Homebuilding & Real Estate

Media & Telecommunications

Security & Homeland Security

Technology

As Greenhouse knows what investors want, we structure transactions so that a seamless execution is achieved at a competitive all-in cost that will provide issuers and borrowers alike the added benefit of building an international reputation and following among institutional investors.

The main Greenhouse offerings are therefore:

  • Fixed income/debt capital markets
  • Mergers and acquisitions
  • Corporate and acquisition finance
  • Financial restructuring

In particular, Greenhouse provides comprehensive solutions across the credit spectrum for middle market issuers and investors:

  • High yield and distressed debt
  • Senior secured debt
  • Second lien/junior debt
  • Convertible bonds

    Convertible bonds

    Equity-linked securities, better known a convertible bonds, can be converted into shares (equity) at a specified price above the share price when issued. This will reduce the interest cost (coupon) of the bond and, if there is a conversion, shares will be issued at a premium to the share price when the bond was issued. The key benefits of a convertible bond are:

    • Selling equity at a premium with lower potential interest costs that vanilla bonds, bank debt or mezzanine structures; no repayment on conversion
    • Cost effective and rapid issue process to raise substantial growth capital with delayed dilution while equity value is being built
    • Instrument traded by global institutional investors with a different outlook to traditional equity or debt
    • Unsecured debt obligation with fewer restrictions than bank or senior debt (if issued in western markets)
    • Highly flexible financial instrument that is available to a wide range of issuers that don’t have to be investment grade with ability to repurchase part/all of the bond at any time
    • Alternative financing option that can be part of a company’s overall balance sheet structure and raising capital can open up other debt and equity financing options
  • Mezzanine and subordinated debt

Financial restructuring combines debt capital markets expertise that is underpinned with a strong corporate finance and in-house legal capability to companies, creditors, financial institutions, institutional investors and funds and acquirers on a variety of engagements which have included:

  • Instrument amendment and waiver negotiations
  • Instrument buybacks and bond tender offers
  • Exchange offers
  • Recapitalisations
  • Reorganisations
  • Distressed mergers and acquisitions