Principles of Corporate Finance_ 12th Edition

632 Part Seven Debt Financing bre44380_ch24_618-651.indd 632 10/05/15 12:54 PM so that it is “cheaper” debt than a straight bond ...

Chapter 24 The Many Different Kinds of Debt 633 bre44380_ch24_618-651.indd 633 10/05/15 12:54 PM conversion option to reduce imm ...

634 Part Seven Debt Financing bre44380_ch24_618-651.indd 634 10/05/15 12:54 PM tax position or attitude to risk inclines you to ...

Chapter 24 The Many Different Kinds of Debt 635 bre44380_ch24_618-651.indd 635 10/05/15 12:54 PM United States, death-spiral con ...

636 Part Seven Debt Financing bre44380_ch24_618-651.indd 636 10/05/15 12:54 PM Asset-backed securities provide another instance ...

Chapter 24 The Many Different Kinds of Debt 637 bre44380_ch24_618-651.indd 637 10/05/15 12:54 PM Commitment Companies sometimes ...

638 bre44380_ch24_618-651.indd 638 10/08/15 10:47 AM ● ● ● ● ● FINANCE IN PRACTICE ❱ Each day at around 11 a.m. in London, a pan ...

Chapter 24 The Many Different Kinds of Debt 639 bre44380_ch24_618-651.indd 639 10/05/15 12:54 PM syndicated. In other cases the ...

640 Part Seven Debt Financing bre44380_ch24_618-651.indd 640 10/05/15 12:54 PM Debt Covenants We saw earlier that bond issues ma ...

Chapter 24 The Many Different Kinds of Debt 641 bre44380_ch24_618-651.indd 641 10/05/15 12:54 PM Because investors are reluctant ...

642 Part Seven Debt Financing bre44380_ch24_618-651.indd 642 10/05/15 12:54 PM You should now have a fair idea of what you are l ...

Chapter 24 The Many Different Kinds of Debt 643 bre44380_ch24_618-651.indd 643 10/05/15 12:54 PM A useful general work on debt s ...

644 Part Seven Debt Financing bre44380_ch24_618-651.indd 644 10/05/15 12:54 PM d. Is the debenture “bearer” or “registered”? e. ...

Chapter 24 The Many Different Kinds of Debt 645 bre44380_ch24_618-651.indd 645 10/05/15 12:54 PM as the first interest payment d ...

646 Part Seven Debt Financing bre44380_ch24_618-651.indd 646 10/05/15 12:54 PM a. What is the bond’s conversion value? b. Can yo ...

Chapter 24 The Many Different Kinds of Debt 647 bre44380_ch24_618-651.indd 647 10/05/15 12:54 PM Convertible bonds Zenco, Inc. ...

648 Part Seven Debt Financing bre44380_ch24_618-651.indd 648 10/05/15 12:54 PM MINI-CASE ● ● ● ● ● The Shocking Demise of Mr. Th ...

Chapter 24 The Many Different Kinds of Debt 649 bre44380_ch24_618-651.indd 649 10/05/15 12:54 PM Project Finance Project finance ...

● ● ● ● ● 650 Part Seven Debt Financing bre44380_ch24_618-651.indd 650 10/05/15 12:54 PM The equity in Hubco was highly levered. ...

Chapter 24 The Many Different Kinds of Debt 651 bre44380_ch24_618-651.indd 651 10/05/15 12:54 PM The Role of Project Finance Pro ...