In today’s world, many companies struggle to obtain flexible financing to meet their working capital and investment requirements. Fortunately, that doesn’t need to be the case. Chasen Nevett, a financier based in Singapore, provides flexible financing solutions for public companies in Southeast Asia. Chasen Nevett works with management teams in the region to identify the problems they face and to structure sound solutions for them.
Public companies usually face two major challenges. The first challenge is simply having an overleveraged balance sheet. Chasen Nevett has extensive experience helping companies deleverage by providing equity financing. He invests in companies via private placements, which offers companies much more flexibility than if they had obtained a loan from a bank. Chasen Nevett’s equity capital can be used to pay down debt, which improves the balance sheet position of the company while reducing interest expenses.
The second major issue that companies face is not being able to meet working capital requirements in the short term. Banks are often reluctant to finance companies struggling with this issue, which can pose significant risks for the company. Companies need certainty that they can meet working capital requirements and preferably exceed them. Chasen Nevett is able to guarantee this for public companies by offering them flexible capital. Every company and situation is different, so finding the right solution for the company is Chasen Nevett’s goal.
By doing private placements, Chasen Nevett is also able to reduce the costs associated with public offerings. Rights issues often entail a lengthy process of regulatory filings and convincing current shareholders to invest more capital into the company. Despite these efforts, some companies cannot raise the minimum subscription amount, which will make the deal fall apart. Thankfully, Chasen Nevett is able to provide the necessary capital required by companies without the fees associated with a public offering. Also, Chasen Nevett will give an investment commitment over a period of time, which gives the company the ability to manage their cash flow needs.
Chasen Nevett is becoming a one-stop solution for public companies in the region. For Chasen Nevett, backing companies with proven business models and experienced management teams provides win-win solutions for everyone. In Chasen Nevett’s opinion, win-win deals are the only ones worth doing.
