Sigma Capital Group: Private Placements

Private Placements - Debt

Lender Access	Sigma Capital maintains ongoing contact with a wide range of private and institutional lenders that provide senior and mezzanine subordinated debt for merger and acquisition, management buyout and structured finance transactions.
Deal Characteristics	Senior debt funding is available for both growth and mature companies under a variety of terms and rates. Funding up to 80% of capitalization is available, depending on the client's track record and future prospects, quality of management and reputation of the existing debt and equity participants. Sigma endeavors to present these factors to lenders in a factual but best light possible.
Company Characteristics	In addition to a superior track record, portfolio companies typically have the following characteristics: Revenues of $10-100 million Current profits or near term profitability Positive cashflow to support debt service
Funding Structure	Typically senior lenders are most plentiful for transaction sizes of $5 to $50 million. Fixed or floating interest rate options are generally available and specific exit plans are required. Mezzanine lenders generally require substantially higher returns that can include equity enhancements. Sigma makes every effort to develop a debt package that is realistic in the marketplace and structured to fit the client's needs.
Selective Lenders	Sigma Capital carefully selects lenders that have the experience and appetite for the nature of the transaction we are sponsoring. There must be compatibility between lenders, managers and investors to help insure satisfactory long term success for the enterprise.