Assignment: Part 1 (50%) a Embankment is a prominent private equity investment company. Embankment has identified an operating company, Hammersmith, as a potential acquisition target. Hammersmith is a wholly owned subsidiary of Acton. Embankment's intention is to arrange for the purchase of all shares in Hammersmith from Acton for a purchase price of 500,000,000. Embankment will make its investment through an SPV (one or more, as the case may be). Embankment has obtained a "soft" commitment from the Bank of Knightsbridge for a senior acquisition loan of 300,000,000, subject to inter alia an acceptable proposal from Embankment on a" deal and debt structure". Embankment has 135,000,000 available in cash in order to fund its overall equity contribution to the ultimate SPV (in the form of both subordinated loan notes and ordinary share capital). Embankment has held talks with the management team of Hammersmith on their potential involvement in the deal. The management team is prepared to invest 15,000,000 in aggregate, through an SPV (ManCo), in exchange for 15% stake in the ordinary shares of the ultimate SPV. In addition to the senior acquisition loan, Embankment has approached Monument, a specialist credit fund, seeking a junior debt to fund part of the purchase price. Monument has taken kindly to this approach and expressed it willingness to provide such a loan in the amount of 50,000,000, provided that the loan will rank ahead of all equity contributions to the fullest extent possible. Embankment has approached you for advice in relation to this potential acquisition. Given the fact pattern above, please give a detailed note on how Embankment should structure its proposal on a "deal and debt structure of the acquisition. The proposal must be able to meet the requirements and expectations of all relevant parties