Diverse Service and Consultancy for Companies and Institutions
The MP Bank Corporate Finance Division provides services and consultancy relating to the purchase, sale and merger of companies, as well as fund raising efforts whether by debt or equity or mix thereof. A growing part of the Bank´s activities has been advisory services for Bankrupt Estates, given the independance position of the Bank, having minimal exposure on the Icelandic corporate market.
The Corporate Finance Division employs well educated and trained experts with comprehensive knowledge of the Icelandic economy and substantial experience international projects. In recent years, MP Corporate Finance has worked on diverse projects. These include:
Independent party on the Icelandic Market - Fairness Opinion
Due to the fact that MP Bank is not dependent on the Icelandic market and has a small exposure on the local market, the Corporate Finance Division has more and more been engaged in issuing fairness opinions. This position of independance makes the Bank the first choice for foreign investors looking for a independant advisor in the Icelandic Market.
These fairness opinions have been associated with mergers and take-overs of listed companies and increasing advisory services for Bankrupt Estates. Additionally, fairness opinion could be issued in relations with other financial acts, such as of valuations, presumptions of increased capital of companies etc.
MP Bank is involved in the purchase, sale and merging of companies and operating units as well as fund raising efforts whether by debt or equity or mix thereof. The involvement of MP Bank includes providing independent consultancy services with the aim of securing the interests of its clients.
The financing of companies through share or bond issues
Many Icelandic companies and institutions have utilised the method of issuing securities to finance their operation, their investments or to pay instalments on loans (refinancing).
Pension funds and securities funds are considerable and important investors that can finance the growth and expansion of companies.
Here is an example of a bond and share issues for which the Corporate Finance Division of MP Bank was responsible.
Listing and de-listing of equities and bonds
Securities are listed on the Iceland Stock Exchange to facilitate trading. The company need not be listed on the Iceland Stock Exchange to request the listing of bond categories. By listing a bond category, the bonds become easier to sell in initial offers.
Listing procedures for Iceland Stock Exchange are complicated and require knowledge and experience. MP Corporate Finance has extensive experience of arranging new listings and the de-listings of equities and bonds.
Information on recent projects performed by the MP Bank Corporate Finance Division as the organiser of the listing and de-listing of securities on the Iceland Stock Exchange may be found here.