Defined Terms and Documents      'Aboriginal Teenager Life Skills' RTV Social Inclusion Early Intervention Programme 


Information Memorandum or I.M. means a document, ranging from 50 to 150 pages, typically prepared by the 'Arranger Bank' (Investment Bank) with the assistance of the 'Sponsors' (usually comprising one or more Equity Investors, Major Construction Companies etc).  Once prepared and approved by the Sponsor's, the 'Arranger Bank' sends the I.M. to potential syndicate debt providers and subordinated debt providers. The Sponsors assists the Arranger in writing the Information Memorandum on the basis of information provided by the Sponsors during the due diligence process.  The I.M. contains a commercial description of the 'Senior Borrowers' business, management and accounts, as well as the details of the proposed loan facilities and funding structure.


Where a leveraged transaction includes the issuance of public securities (such as a high yield mezzanine bond) then it is typical for the Arranger and Sponsors to prepare two different Information Memoranda.  One would be a public document incorporating only information which is available in the public domain and which will be used by potential lenders who also want to be able to freely trade in the public securities.  The other will be a private document, to receive which, potential lenders seeking more detailed information, including due diligence reports, will be required to sign a confidentiality agreement ("CA").

 

The ATLSEIP Information Memorandum is the ATLSEIP Main Page, +200 embedded Defined Terms and Documents,  What, Who, Where, When, Why, How & How much?,  Executive Summary,  SWOT Analysis,  Programme Budget Costs,  Structure Diagram,  Business Case Questions,  How To Proceed With ATLSEIP,  Why The ABC Should Proceed With ATLSEIP

 

 

See GUIDE TO SYNDICATED LEVERAGED FINANCE

 

Examples of an Information Memorandum: