Modelling for IPO

Hi,

I am preparing a model for a company about to go IPO in a few days. The amount of proceeds is roughly certain, say, $1,000. The company has clear plan to utilize the proceeds - $900 to fund new capex and $100 to add to working capital

I am calculating free cash flow to firm and free cash flow to equity. I suspect I cannot use the usual formulae, especially for the capex component because the company will not really use the cash flows generated from operations to fund the capex. But I am not sure what are the exact impacts on FCFF and FCFE

Appreciate it if anyone could kindly help. Thanks. 

1 Comments
 

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