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The Use of Hybrid Securities Market Timing, Investor Rationing, Signaling and Asset Restructuring /
During recent years, an increasing number of corporations have decided to raise external capital via markets for hybrid securities. Hybrid securities share characteristics of common stock and straight debt and appear in different forms, such as convertible debt, mandatory convertibles or exchangeabl...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Wiesbaden :
Deutscher Universitätsverlag : Imprint: Deutscher Universitätsverlag,
2006.
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| Edición: | 1st ed. 2006. |
| Colección: | ebs-Forschung, Schriftenreihe der EUROPEAN BUSINESS SCHOOL Schloß Reichartshausen ;
54 |
| Temas: | |
| Acceso en línea: | Texto Completo |
Tabla de Contenidos:
- Definitions
- Why firms issue convertible debt - Market timing and investor rationing
- A note on systematic risk changes around convertible debt issues
- The concurrent offerings puzzle
- Divestment of equity stakes - An analysis of exchangeable debt
- Conclusions and outlook.