Debt Tendering
A key difference in Premier's market position is its use of a distinctive loan tender process.
The loan tender process is a comprehensive procedure designed to reposition clients as price granters, not price takers.
The process drives a fundamental shift in lenders' perceptions as it imposes on them the requirement to compete head-to-head with their peers on issues such as loan pricing, leverage, security requirements and loan terms and conditions.
The strategy ensures total independence and directly positions Premier as representing the client, not the lender.
The loan tender process includes the following:
- Packaged loan structures;
- A comprehensive transaction analysis;
- The creation of an all-inclusive Information Memorandum detailing the transaction, financial model and return analysis, a loan application and supporting documents;
- A competitive and transparent loan tender process;
- A tender result report;
- Final loan term negotiations;
- A documentation review; and
- Settlement support.