New Frontier Corporation

announcedU=S+W/2W=S@11.50
NFCSEC EDGARCIK: 0001737422|New Frontier Public Holding Ltd.•Healthcare

Capital Structure & Economics

Trust Size$230,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$230,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJun 4, 2018
Target AnnouncedJul 30, 2019
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyUnited Family Healthcare
  • SectorHealthcare
  • Announced Deal Size$1,300,000,000
  • Announcement Date2019-07-30

Board & Officers

  • Carl WuCEO
  • NFGOfficer
  • New Frontier Group Ltd.Officer

Advanced Structuring Terms

Target SectorsHealthcare

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction