rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Encore
    sub title: a convertible bond with a call-spread overlay
  name:
    name part: Sinha, Sidharth
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    date issued: 2020
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource.
  abstract: In December 2012, Encore Capital (Encore) was reviewing a proposal for an issue of convertible bonds to qualified institutional buyers, raising USD 115 million at an annual coupon of 3.0%, with a conversion premium of 25% above the stock price at issue. Simultaneously, with issuing the convertible bond, Encore would purchase a "bond hedge" in the over-the-counter equity derivatives market and sell warrants at 75% above the stock price at issue. The bond hedge and warrants' sale constituted the "call-spread overlay." Concurrent with the transaction, Encore would repurchase shares worth USD 25 million from the proceeds of the convertible bond issue. Encore had to decide whether to go ahead with the convertible bond issue.
  target audience: specialized
  note: Sidharth Sinha.
  subject:
    topic: Convertible bonds
  subject:
    topic: Bond market
  subject:
    topic: Obligations convertibles
  subject:
    topic: Marché obligataire
  subject:
    topic: Bond market
  subject:
    topic: Convertible bonds
  classification: HG4651 .S56 2020
  classification: 332.6323
  related item:
    title info:
      title: SAGE business cases
  identifier: 9781529619645
  identifier: 1529619645
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: SGPBL
    record creation date: 230109
    record change date: 20240923172022.5
    record identifier: in00005499674
    language of cataloging:
      language term: eng