Business case
Our client, a TowerCo undergoing a strategic restructuring, sought to rationalise its capital structure in order to optimise its valuation and financing strategy at a time when investors were increasingly focusing on capital efficiency and OpCo/PropCo separation models.
This comprehensive analysis provided the client with a clear understanding of the financial and strategic levers available to optimise its capital structure.
We conducted an in-depth analysis of the credit ratings and capital structures of the TowerCo’s main competitors to benchmark best practices and market standards. We also quantified the impact of the parent company’s capital structure on the TowerCo’s valuation and analysed how value was created at the group level, including the allocation of the acquisition price.