Far Eastern Textile, Taiwan's major textile and telecommunications companies, is considering its options for raising $ 130 million in a new round of global fundraising. Options for the new ordinary shares and long-term debt issue explored, but special attention is paid to option the company raised investment banker. This option involves the issuance of innovative convertible debt instrument that combines zero-coupon bond and a significant premium to the current conversion price of ordinary shares. Benefits and costs of delayed equity instrument for corporations and investors view as well as matters relating to security pricing in various financial markets. "Hide
by Peter Yuan, Larry Wynant Source: Richard Ivey School of Business Foundation 20 pages. Publication Date: May 18, 2001. Prod. #: 901N04-PDF-ENG