If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> ISSUE 165<br /> SEPTEMBER 2014<br /> ICAEW.COM/CFF<br /> GROWTH | OPPORTUNITIES | EXPERTISE<br /> Begging<br /> to lend<br /> The debt options<br /> for UK businesses<br /> FACULTY'S BUSINESS<br /> FINANCE GUIDE LAUNCH<br /> AT HOUSE OF COMMONS<br /> ADVANCE YOUR CAREER<br /> WITH THE DIPLOMA IN<br /> CORPORATE FINANCE<br /> The ICAEW/CISI Diploma in Corporate Finance will significantly enhance your technical skills<br /> and the value you bring to your organisation. It has been developed by highly experienced<br /> corporate financiers and offers a practically grounded, transaction-oriented programme.<br /> The ICAEW/CISI Diploma in Corporate Finance is officially recognised by the UK's Financial<br /> Conduct Authority (FCA) as meeting the full qualification requirement for advising on<br /> investments in the course of corporate finance business.<br /> Find out more today. Call +44 (0)1908 248 250 or email cfqualification@icaew.com<br /> BUSINESS WITH CONF<a title="Corporate Financier SEPTEMBER 14 page 1" href="http://viewer.zmags.com/publication/f4d3b2f8?page=1"> ISSUE 165 SEPTEMBER 2014 ICAEW.COM/CFF GROWTH |</a> <a title="Corporate Financier SEPTEMBER 14 page 2" href="http://viewer.zmags.com/publication/f4d3b2f8?page=2"> ADVANCE YOUR CAREER WITH THE DIPLOMA IN CORPORATE</a> <a title="Corporate Financier SEPTEMBER 14 page 3" href="http://viewer.zmags.com/publication/f4d3b2f8?page=3"> @ICAEW_CORP_FIN Contents Sept 2014 Issue 165 </a> <a title="Corporate Financier SEPTEMBER 14 page 4" href="http://viewer.zmags.com/publication/f4d3b2f8?page=4"> WELCOME New shoots? It's official – the UK</a> <a title="Corporate Financier SEPTEMBER 14 page 5" href="http://viewer.zmags.com/publication/f4d3b2f8?page=5"> NEWS & EVENTS Faculty news </a> <a title="Corporate Financier SEPTEMBER 14 page 6" href="http://viewer.zmags.com/publication/f4d3b2f8?page=6"> NEWS & EVENTS CORPORATE FINANCE QUALI</a> <a title="Corporate Financier SEPTEMBER 14 page 7" href="http://viewer.zmags.com/publication/f4d3b2f8?page=7"> MOULTON STEEL May cause drowsiness Endless pa</a> <a title="Corporate Financier SEPTEMBER 14 page 8" href="http://viewer.zmags.com/publication/f4d3b2f8?page=8"> We let our clients do the talking . . . Antler</a> <a title="Corporate Financier SEPTEMBER 14 page 9" href="http://viewer.zmags.com/publication/f4d3b2f8?page=9"> BRIEFING In numbers London IPOs see strong f</a> <a title="Corporate Financier SEPTEMBER 14 page 10" href="http://viewer.zmags.com/publication/f4d3b2f8?page=10"> Faculty leads in UK GROWTH PHOTOGRAPHY BY MATT W</a> <a title="Corporate Financier SEPTEMBER 14 page 11" href="http://viewer.zmags.com/publication/f4d3b2f8?page=11"> BFG LAUNCH Left: business secretary Vince Cab</a> <a title="Corporate Financier SEPTEMBER 14 page 12" href="http://viewer.zmags.com/publication/f4d3b2f8?page=12"> BFG LAUNCH “Many entrepreneurial businesse</a> <a title="Corporate Financier SEPTEMBER 14 page 13" href="http://viewer.zmags.com/publication/f4d3b2f8?page=13"> “I didn't realise Baird has completed M&A deals </a> <a title="Corporate Financier SEPTEMBER 14 page 14" href="http://viewer.zmags.com/publication/f4d3b2f8?page=14"> Minority report Protecting minority interests was</a> <a title="Corporate Financier SEPTEMBER 14 page 15" href="http://viewer.zmags.com/publication/f4d3b2f8?page=15"> desired candidate. However, it is hoped that the </a> <a title="Corporate Financier SEPTEMBER 14 page 16" href="http://viewer.zmags.com/publication/f4d3b2f8?page=16"> TAKE AIM AIM celebrates its 20th anniversary next</a> <a title="Corporate Financier SEPTEMBER 14 page 17" href="http://viewer.zmags.com/publication/f4d3b2f8?page=17"> AIM Ireland DALATA HOTEL GROUP PLC 281.1</a> <a title="Corporate Financier SEPTEMBER 14 page 18" href="http://viewer.zmags.com/publication/f4d3b2f8?page=18"> Begging to lend Debt markets are awash wi</a> <a title="Corporate Financier SEPTEMBER 14 page 19" href="http://viewer.zmags.com/publication/f4d3b2f8?page=19"> COVER STORY N either a </a> <a title="Corporate Financier SEPTEMBER 14 page 20" href="http://viewer.zmags.com/publication/f4d3b2f8?page=20"> market and probably not a huge amount of demand.”</a> <a title="Corporate Financier SEPTEMBER 14 page 21" href="http://viewer.zmags.com/publication/f4d3b2f8?page=21"> COVER STORY C ASE STUDY: PREMIER FOODS P </a> <a title="Corporate Financier SEPTEMBER 14 page 22" href="http://viewer.zmags.com/publication/f4d3b2f8?page=22"> go to their main banker requesting wholesale fund</a> <a title="Corporate Financier SEPTEMBER 14 page 23" href="http://viewer.zmags.com/publication/f4d3b2f8?page=23"> COVER STORY DÉJÀ VU? In August 2005, Corporat</a> <a title="Corporate Financier SEPTEMBER 14 page 24" href="http://viewer.zmags.com/publication/f4d3b2f8?page=24"> don't want to sell the business.” Re-pricing</a> <a title="Corporate Financier SEPTEMBER 14 page 25" href="http://viewer.zmags.com/publication/f4d3b2f8?page=25"> CYBER SECURITY Nothing to fear? Internet g</a> <a title="Corporate Financier SEPTEMBER 14 page 26" href="http://viewer.zmags.com/publication/f4d3b2f8?page=26"> n May, Gregg Steinhafel stepped</a> <a title="Corporate Financier SEPTEMBER 14 page 27" href="http://viewer.zmags.com/publication/f4d3b2f8?page=27"> CYBER SECURITY MAIDSAFE Founded in </a> <a title="Corporate Financier SEPTEMBER 14 page 28" href="http://viewer.zmags.com/publication/f4d3b2f8?page=28"> FOLLOW OUR LINE OF THINKING Tolley®Knowledge </a> <a title="Corporate Financier SEPTEMBER 14 page 29" href="http://viewer.zmags.com/publication/f4d3b2f8?page=29"> PROFILE </a> <a title="Corporate Financier SEPTEMBER 14 page 30" href="http://viewer.zmags.com/publication/f4d3b2f8?page=30"> olleagues thought it was a really crazy thing to </a> <a title="Corporate Financier SEPTEMBER 14 page 31" href="http://viewer.zmags.com/publication/f4d3b2f8?page=31"> PROFILE may be conspiring against them. </a> <a title="Corporate Financier SEPTEMBER 14 page 32" href="http://viewer.zmags.com/publication/f4d3b2f8?page=32"> Appointments KPMG CF HEAD FOR OILFIELD SERVI</a> <a title="Corporate Financier SEPTEMBER 14 page 33" href="http://viewer.zmags.com/publication/f4d3b2f8?page=33"> COMPANY NEWS DIGITAL DELOITTE </a> <a title="Corporate Financier SEPTEMBER 14 page 34" href="http://viewer.zmags.com/publication/f4d3b2f8?page=34"> ON MY CV An unusual education THE CV Adrian G</a> <a title="Corporate Financier SEPTEMBER 14 page 35" href="http://viewer.zmags.com/publication/f4d3b2f8?page=35"> The business finance guide A JOURNEY FROM START-</a> <a title="Corporate Financier SEPTEMBER 14 page 36" href="http://viewer.zmags.com/publication/f4d3b2f8?page=36"> SCALABLE Unlike other forms of finance, Asset Bas</a>