Credit Analysis
Assessment of operating performance, leverage, liquidity, cash flow, debt-service capacity, security and repayment risk.
Debt Advisory
Debt Underwriting Services
Financely provides debt underwriting advisory services for corporate, acquisition, infrastructure, real estate and structured finance transactions. We support clients with credit analysis, debt structuring, lender engagement, underwriting preparation, syndication strategy, negotiations and transaction execution.
Our work is structured around the borrower's financial position, use of proceeds, debt capacity, security package, repayment sources, transaction timetable and target lending market.
Mandates may involve bilateral facilities, club transactions, syndicated loans, private credit, project finance, asset-backed facilities, acquisition debt, refinancing and other bespoke debt structures.
Debt Underwriting Advisory
Financely reviews the proposed debt transaction from the perspective of prospective lenders, credit committees and institutional underwriting teams.
Debt Capacity Analysis
Evaluation of sustainable leverage, debt quantum, interest coverage, amortisation capacity and covenant headroom.
Capital Structure Advisory
Analysis of senior debt, subordinated debt, mezzanine capital, unitranche facilities and other structured debt instruments.
Underwriting Strategy
Definition of the proposed facility structure, underwriting approach, lender profile, transaction timetable and execution strategy.
Financial Modelling
Development or review of debt models, cash-flow forecasts, financing cases, sensitivities, ratios and repayment profiles.
Financing Memoranda
Preparation or review of lender presentations, credit materials, transaction summaries and supporting financial information.
Lender Engagement
Identification and engagement of banks, debt funds, private credit firms and other suitable institutional lenders.
Term Sheet Management
Review and comparison of pricing, fees, tenor, amortisation, covenants, security, conditions and lender protections.
Debt Syndication
Support for club and syndicated lending processes, including lender strategy, allocations, information flow and execution coordination.
Private Credit Advisory
Structuring and placement support for direct lending, unitranche, subordinated, bridge and bespoke institutional credit facilities.
Documentation Support
Commercial review of facility terms, financial covenants, security provisions, conditions precedent and lender documentation.
Financial Close
Coordination of final diligence, approvals, documentation, conditions precedent, funding mechanics and closing workstreams.
Transaction-Specific Underwriting Services
Corporate Debt Underwriting
Debt analysis and execution support for operating companies, corporate groups and holding structures.
Acquisition Finance
Debt underwriting for acquisitions, leveraged transactions, management buyouts and strategic investments.
Project Finance
Limited-recourse and non-recourse financing for infrastructure, energy, industrial and concession-based assets.
Infrastructure Debt
Underwriting support for transport, energy, digital, utility, logistics and social infrastructure transactions.
Real Estate Debt
Senior, bridge, development and investment facilities for commercial and residential real estate assets.
Construction Finance
Debt structures involving staged drawdowns, development milestones, cost controls, completion tests and sponsor support.
Development Finance
Financing support for expansion programmes, capital expenditure, project development and new operating capacity.
Asset-Based Lending
Facilities supported by receivables, inventory, equipment, contracted revenues and other eligible collateral.
Working Capital Finance
Revolving credit, borrowing-base, receivables and other liquidity facilities supporting ongoing operations.
Trade Finance
Transaction-backed facilities involving import finance, export finance, inventory, receivables and documentary instruments.
Bridge Finance
Short-term facilities pending refinancing, asset sales, equity injections, project milestones or permanent financing.
Refinancing
Refinancing, maturity extension, covenant reset, repricing, recapitalisation and optimisation of existing debt facilities.
Restructuring Advisory
Analysis of stressed capital structures, amendment options, refinancing alternatives and lender negotiations.
Mezzanine Debt
Subordinated, second-lien, preferred and hybrid debt structures where senior leverage is insufficient.
Structured Finance
Bespoke debt structures involving multiple instruments, collateral pools, cash-flow waterfalls and tailored repayment mechanisms.
Cross-Border Debt
Debt transactions involving multiple jurisdictions, currencies, borrower entities, security regimes and lending markets.
Export Credit Finance
Financing involving export credit agencies, commercial lenders, political-risk mitigation and eligible export contracts.
Equipment Finance
Asset-backed financing for machinery, vehicles, industrial equipment, production assets and other capital expenditure.
Underwriting Review
The underwriting review is designed to identify the principal credit issues that may affect lender appetite, transaction structure, pricing or execution.
Borrower Analysis
- Historical financial performance
- Revenue quality and customer concentration
- Cash flow generation and liquidity
- Existing debt and contingent liabilities
- Management, ownership and governance
- Operating and market risks
- Jurisdictional and regulatory considerations
Facility Analysis
- Facility amount and use of proceeds
- Debt quantum and leverage
- Interest and debt-service coverage
- Tenor and amortisation profile
- Security and collateral
- Financial and operational covenants
- Repayment and exit sources
Debt Products
Senior Secured Loans
Senior Unsecured Loans
Term Loans
Revolving Credit Facilities
Acquisition Finance
Leveraged Finance
Project Finance
Construction Finance
Development Finance
Real Estate Debt
Asset-Based Lending
Receivables Finance
Inventory Finance
Equipment Finance
Trade Finance
Export Finance
Import Finance
Bridge Loans
Private Credit
Syndicated Loans
Club Facilities
Unitranche Facilities
Mezzanine Debt
Second-Lien Debt
Structured Debt
Convertible Debt
Holdco Debt
Refinancing Facilities
Lender Engagement and Syndication
Where included in the mandate, Financely supports engagement with prospective lenders whose credit parameters are relevant to the proposed transaction.
Potential counterparties: commercial banks, investment banks, private credit funds, direct lenders, debt funds, infrastructure lenders, real estate lenders, development finance institutions, export credit agencies and specialist asset-backed lenders.
Market engagement is managed according to the agreed lender strategy, confidentiality requirements, transaction timetable and applicable legal and regulatory considerations.
Industries
Infrastructure
Renewable Energy
Power
Energy Storage
Oil and Gas
Mining
Manufacturing
Industrial
Logistics
Transport
Aviation
Maritime
Commercial Real Estate
Residential Development
Hospitality
Healthcare
Telecommunications
Digital Infrastructure
Data Centres
Technology
Agriculture
Commodities
Financial Services
Business Services
Debt Underwriting Process
Initial Review
Review of the borrower, transaction, financing requirement, financial information and available supporting materials.
Underwriting Analysis
Analysis of credit quality, debt capacity, repayment, security, structure, sensitivities and principal underwriting issues.
Transaction Preparation
Preparation of the financing strategy, lender materials, financial analysis, target lender list and market engagement process.
Execution
Lender engagement, term-sheet evaluation, negotiations, due diligence, documentation and financial close.
Clients and Mandates
Clients
- Corporates and operating companies
- Private equity firms and financial sponsors
- Infrastructure sponsors and developers
- Real estate owners and developers
- Investment holding companies
- Family offices and institutional investors
- Joint ventures and project companies
- Management and acquisition vehicles
Mandates
- Growth and expansion financing
- Acquisition financing
- Project and construction financing
- Working capital facilities
- Capital expenditure financing
- Refinancing and recapitalisation
- Bridge financing
- Debt restructuring
Request a Quote for Debt Underwriting Services
Submit the borrower profile, requested facility amount, use of proceeds, proposed security, current financial information and required advisory scope. Financely will review the proposed mandate and, where appropriate, provide a commercial proposal covering the underwriting workstreams, transaction process and advisory fees.
Request a Debt Advisory QuoteThe request-for-quote form is for Financely's professional debt underwriting and advisory services. It is not a loan application, financing application, underwriting commitment or offer of credit.
Frequently Asked Questions
What are debt underwriting services?
Debt underwriting services involve the analysis, structuring and preparation of a proposed financing transaction. The work may include credit analysis, debt-capacity assessment, financial modelling, facility structuring, lender materials, lender engagement, term-sheet review and transaction execution.
Does Financely provide a debt underwriting commitment?
No. Financely provides debt underwriting advisory and transaction support. Financely is not acting as a bank or balance-sheet lender and does not issue underwriting commitments or guarantee financing.
What information is required for an initial review?
The initial review generally requires information on the borrower, requested facility, use of proceeds, financial performance, existing debt, proposed security, repayment sources and transaction timetable. Additional information may be requested depending on the transaction.
Can Financely approach lenders?
Where lender engagement forms part of the agreed mandate, Financely may identify and approach prospective banks, private credit funds, debt funds and other institutional lenders with relevant transaction appetite.
Does Financely support syndicated transactions?
Yes. Financely may support club and syndicated financing processes, including lender strategy, transaction materials, lender coordination, term-sheet analysis, allocations and execution.
Is the request-for-quote form a loan application?
No. The form is used to request a proposal for Financely's professional advisory services. It is not an application for credit and does not create a financing commitment from Financely or any third-party lender.
Is financing guaranteed?
No. Any financing remains subject to due diligence, compliance review, credit approval, documentation, market conditions and the independent decision of the relevant lender or capital provider.
Financely provides transaction-led debt advisory, underwriting analysis and arranging support. Financely is not a bank or direct lender and does not provide underwriting commitments, credit approvals or guarantees of financing. The request-for-quote form is used to request a commercial proposal for professional advisory services and is not a loan application. Any financing remains subject to due diligence, compliance, documentation, market conditions and the independent credit decision of the relevant lender or capital provider.