A serious source of information for those looking to reverse engineer business deals
How does Wall Street keep track of the competition? They reverse engineer deals by taking a prospectus or term sheet and recreating a model from it. The skills involved in this task are sophisticated, but are important to understand--especially in today's dynamic business environment. In this practical resource, financial professional Keith Allman demystifies the process by interpreting complicated legal terminology and clearly showing how it can be organized into a dynamic model. Step by step, Allman walks the reader through this endeavor with textual excerpts from the prospectus and discussions on how it directly transfers to a model. Each chapter begins with a discussion of concepts with exact references to an example prospectus, followed by a section called "Model Builder," in which Allman translates the theory into a fully functioning model for the example deal.
Keith A. Allman (New York, NY) is a structured finance professional with a specialization in analytics and modeling, and the author of Modeling Structured Finance Cash Flows with Microsoft Excel (978-0-470-04290-8), from Wiley.
