MEDIA AND COMMUNICATIONS
Uncommon Approach
The media and communications industry continues to experience relative uncertainty as the availability of capital ebbs and flows. In addition, changes in the regulatory environment also give companies reason to consider M&A opportunities that may arise.
Make sure your company is prepared to weather the challenges of today’s industry by working with an experienced and knowledgeable financial partner like Wachovia.
Our industry specialization includes:
Cable, Content and Distribution
Diversified Media and Entertainment
Publishing
TV and Radio Broadcasting
Wireline and wireless communications
Telecommunications Infrastructure Providers
Uncommon Commitment Stats
Distinguished by our unwavering commitment to the financial needs of your business.
Balance sheet support—Wachovia has more than $6 billion committed to public and private companies in the sector
Since 2004, we executed 134 capital markets transactions for 75 clients, raising $110 billion of capital
Wachovia is a leading underwriter of both bank capital and high yield debt in the sector
Over 50 dedicated industry and product experts focused on the sector
Managing Directors average over 15 years of experience in media and communications investment banking
Uncommon Results
- High Yield
- Leading underwriter for domestic media and communications companies in 2004 and YTD 2005, raising $9 billion in capital
- Since 2000, Wachovia has served as lead or co-manager on $29 billion in media and communications bond offerings
- Loan Syndications
- Agented 71 transactions in 2004 and YTD 2005 for total volume of $90 billion
- Most active lead arranger for leveraged media loan syndications since 2000
- Strong relationships with over 300 banks and institutional investors provides superior market knowledge
- M&A Advisory
Leading mergers and acquisitions advisor to growing companies with expertise in serving the media and communications sectors having closed on more than $4 billion in transactions since 1999 - Public Equity and Converts
Raised more than $28 billion in media and communications equity and equity-linked proceeds since 2000
The Wachovia Advantage
Wachovia's dedicated team of commercial, corporate, and investment banking professionals bring local, national, and international expertise to all facets of this complex industry. We can provide the products and support you need to address the competitive challenges you face.
Asset Management
Institutional investment management and institutional trust services
Benefits and Retirement Services
Direct deposit payroll services, 401(k) plans, and equity services for your employees
Capital Markets
Mergers and acquisitions advisory, equity, and debt offerings
Cash Management and Deposit Services
Payables, receivables, and merchant services
Lending and Financing
Term loans, commercial mortgages, and loan syndications
Risk Management
Financial and operating risk management tools
Sales and Trading
Money market and fixed income