CAPITAL MARKETS SEMINAR

This seminar was aimed to provide a comprehensive understanding of the capital raising process with a special focus on IPOs. The course started by identifying the various potential funding sources for developing companies and observe their advantages and disadvantages. The next issue to focus on was the process of tapping the public equity markets. We also studied when the company should launch an initial public offering, and scrutinize the floatation process. Through a series of lectures, exercises and discussions, we brought forth the role of the investment banks, the stock market, the regulators, the buy-side clients, and the company’s management.

The event took place at the JW Marriott Hotel, Bucharest, on June 26, 2008, from 9 AM to 4 PM.

	JOS VAN BOMMEL SAID BUSINESS SCHOOL UNIVERSITY OF OXFORD Dr Jos van Bommel is University Lecturer in Finance at The Oxford University’s Saïd Business School, London, UK, one of the leading business schools in the world. He has a University degree in Engineering from the University of Eindhoven, an MBA from IESE, and a PhD in Finance from INSEAD.
	BOGDAN CRETU DIRECTOR DELOITTE FINANCIAL ADVISORY BALKAN CLUSTER Bogdan has a 8-year experience in corporate banking with Raiffeisen Bank Romania, successively leading the Structured Finance department, Oil, Gas & Energy department, and the Large & Multinational Corporations directorate. During the past two years, he led two special projects of Raiffeisen: the set up of a mortgage company and the integration of bank’s corporate and retail products into complex financial package designed for residential real estate market.
	ANDREI BURZ PINZARU SENIOR MANAGER REFF & ASSOCIATES CORRESPONDENT LAW FIRM OF DELOITTE ROMANIA Andrei specializes in finance and securities laws (10 years + experience). He has a law degree (LLB) and a Bachelor of Science degree, and currently undertakes an International Legal Practice LLM with The College of Law in London. Contributed to drafting various financial legislation (mortgage lending, mortgage bonds, securitisation and securities laws).

The seminar was designed to appeal to the following professionals:
• CEOs and Managing Director
• Heads of finance
• Finance managers
• Corporate finance executives
• Financial analysts
• Lawyers
• Accountants
• Finance controllers
• Equity analysts
• Fund managers

By attending the seminar you were able to fully understand the following topics:
• Advantages and disadvantages of going public
• The role of the underwriter
• Structuring the offering (lockups, overallotment options, etc.)
• Writing the offering circular or prospectus
• Pre-marketing and the roadshow
• The bookbuilding process
• Allocating the shares
• Analyst coverage
• Legal requirements and financial reporting