AMT must contemplate various funding sources including straight debt, convertible bonds, and bonds with warrants. Location and currency denomination of a global offering are also considered. The case also examines the banking and economic environment in Japan.
Learning Objective: The goals of this instance are to:
Evaluate alternate sources of funding including bonds with warrants, convertible bonds, and straight bonds.
Expose students to the funding options disclose how some easy choices in a North American context, like getting a bank loan, can be more complex in other cultures and faced by managers outside North America.
Emphasize the relevance of international markets for security dilemmas and the additional complexity of issuing non-domestic (as well as foreign currency) securities.
Publication Date: 06/02/1997
This is just an excerpt. This case is about Finance