If you work in an equity capital markets team, one thing’s for certain: you will know how to raise capital like nobody else can.
Writing memos, one might say, will be the ace up your sleeve.
The good news is that these “equity sales team memos” are shorter than many of the documents you write for M&A deals, like CIMs (confidential information memorandums) and OMs (offering memorandums).
The bad news is that while there are some interesting parts, it’s still not exactly rocket science…
But hey, you need to do them if you’re a junior banker in capital markets.
We’ll walk through why and when you would write these, how to set them up and structure them, and the differences for different types of equity offerings in this tutorial:
Equity: When to Issue, and How to Issue It