This case is subject convertible securities. Branded products, the CFO must decide whether to issue a $ 50 million convertible subordinated bonds rather than straight debt or equity face. In assessing the proposed terms of the offer gigs, students must value securities by assessing the option (using option theory) and binder. Figuring importantly in the solution is the company's strategy of growth by acquisition.
This Darden study. "Hide
by Robert F. Bruner, Stephanie Summers Source: Darden School of Business 22 pages. Publication Date: March 28, 1991. Prod. #: UV0071-PDF-ENG