Debt
Management
ü Our proactive approach has undoubtedly
led the industry.
ü It has enabled clients to achieve
substantial financial benefits, manage risk and helped relieve pressures
on stretched budgets.
ü
We identify opportunities arising from changes in the shape of the yield
curve as well as shifts in the overall level of interest rates.
Through
continuous monitoring of debt portfolios, via sophisticated
modelling, Butlers’ clients are given the opportunity to make the most of
prevailing and future economic conditions. Regular strategy meetings are
held to discuss individual objectives. Each client’s differing positions
are given due consideration to ensure strategic objectives are met.
Within a defined and agreed debt management
strategy, decisions can be fine-tuned taking into account the daily
changes to PWLB rates. Clients have continuous access to our
PWLB forecast through our
monitoring service which provides an online, up-to-the-minute PWLB rate
indicator, as well as regular phone contact. We provide advice not only on
the timing of borrowing but also the type and sources of borrowing.
Alongside borrowing, the other significant
part of a successful debt management strategy is the rescheduling of
existing loans – including both PWLB and market debt. The successful
execution of these transactions can produce
substantial savings for clients.
Our proactive approach ensures that client debt portfolios are at the
optimum levels and that the profile of debt is one which suits their own
individual need.
Clients will be provided with a
detailed financial analysis of
current opportunities. This is discussed extensively prior to any action
being taken. These will take into account any implications for the General
Fund and, where relevant, the HRA.
As part of the debt strategy, we will also
discuss performance indicators,
possible alternatives and assess activity against these indicators. These
can form part of a review of the performance of the debt operations over
the year and can be delivered to clients in a formal report if required.
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