Capital Source Services
A growing company today is faced with a vastly changed mix of variables
in the marketplace for capital. The Angeloff Company's role in capital
source services is one of advising the selection of the most appropriate
means of obtaining capital, custom tailoring the financing to the
client's needs, choosing the best market to obtain funds at the minimum
cost, advising the selection of the best agent to effect it, assisting
the client's management in negotiating the terms and fees, and then
overviewing the transaction to assure its success.
THE PUBLIC MARKET
In the public market for funds, The Angeloff Company is well equipped to
select and follow through on offerings of common stock, preferred stock,
convertible debentures, unsecured and secured bonds, and industrial
revenue bonds. It can also advise and assist in obtaining favorable
ratings for debt securities from Standard and Poor's Corporation and
Moody's Investor Service.
The Angeloff Company has access to and strong relationships with major
national and regional investment banking firms. Its intimate knowledge
of the strengths of these firms' capabilities and their professional
personnel, both in New York and on the West Coast, creates an unusual
ability to assist its clients in selecting the investment banker or
bankers to service their particular capital needs. If the client
already has an existing investment banking relationship, The Angeloff
Company is well qualified to review the performance and capabilities of
its banker and to offer specific recommendations.
THE PRIVATE MARKET
In the private market, The Angeloff Company maintains extensive
relationships with numerous national and regional institutional
investors which can facilitate the private placement of common or
preferred stock, unsecured or secured straight debt, convertible debt or
various debt/warrant combinations of securities.
This market is generally noted for its lower acquisition cost and faster
completion cycle as compared to the public market.