Debt & Capital Markets

When a company reaches a certain stage in its growth cycle it may decide to issue stock, or go public, with an initial public offering (IPO). The goal may simply be to raise capital, to provide liquidity for the existing shareholders or for more project-specific reasons.

There are a number of questions a privately held entity needs to address before the decision to take a company public is agreed upon. It is not always the most suitable route for the corporation or the owners and all other avenues should be fully investigated. DCM, along with our strategic partners, will work closely with the private company and its owners to assist with this decision making process. If an IPO is the most appropriate route to take then we work closely with our partners every step of the way to ensure a successful IPO whether it be on a local or international exchange.

Rather than raising capital on the open market private companies may seek to sell a percentage of equity via a Private Placement, where the sale of securities is made to a relatively small number of select investors. This allows the new shareholders to be hand-picked and suitable to the company requirements as well as allowing the company to release a smaller percentage of ownership than typically allowed via an IPO.

In this respect DCM are well placed with a broad and well respected investor base, in both the MENA regions and internationally, to assist with the process of Private Placements and raise capital for corporate entities that are not ready to issue an IPO.

Corporate bond issuance has historically been a driving force behind the market allowing corporate entities to raise cash without having to release equity and therefore ensuring the ownership structure is maintained. We work closely with our partners and the issuer through each step of the bond issuance process and can assist with obtaining a credit rating if it is in the interest of our client.

The team assists companies in raising debt in a variety of forms; whether it be locally or internationally, in the form of traditional paper or structured as a subordinated or convertible paper or Sukuk to name just a few.

DCM can assist with sourcing loans against certain types of collateral including property, aircraft, equities and bonds which allows capital to be released and then re-invested to increase a portfolio’s overall return on investment.

Lodging collateral against a debt obligation decreases the risk profile for the lender which in turn typically reduces the interest payments for the borrower.

The loan to value (LTV) ratio will be dependent on the collateral and will be assessed on a case-by-case basis.

Due to our strategic partners and relationships with various banking institutions, DCM are well placed to source corporate loans for our investor base from a broad profile of institutions, ensuring the best applicable terms are granted.

DCM works closely with our high net worth customer base. We seek to put the client relationship ahead of the bottom line and rely heavily on client feedback to ensure the services being offered are in line with client requirements. We ensure that investments match the customer’s appetite for risk and are fully understood.

• Property Finance
• Custody Accounts
• Equity & Bond Trading
• Aircraft Finance