To my wife Marta and our children, Borja, Martuca and David
- Cover
- Series
- Title Page
- Copyright
- Dedication
- Preface
- About the Author
- 1: Main Strategic Equity Derivative Instruments
- 2: Equity Capital Markets Products
- 3: Convertible Bonds and Mandatory Convertible Bonds
- 3.1 INTRODUCTION TO CONVERTIBLE BONDS
- 3.2 WHO BUYS CONVERTIBLE BONDS?
- 3.3 CONVERTIBLE BONDS: THE ISSUER PERSPECTIVE
- 3.4 CASE STUDY: INFINEON'S CONVERTIBLE BOND
- 3.5 DELTA SHARE REPURCHASE STRATEGY
- 3.6 MANDATORY CONVERTIBLE BONDS
- 3.7 RATIONALE FOR ISSUING MANDATORY CONVERTIBLES
- 3.8 RATIONALE FOR INVESTING IN MANDATORY CONVERTIBLES
- 3.9 FIXED PARITY MANDATORY CONVERTIBLES
- 3.10 VARIABLE PARITY MANDATORY CONVERTIBLES
- 3.11 DIVIDEND ENHANCED CONVERTIBLE SECURITIES
- 3.12 CASE STUDY: UBS's DECS
- 3.13 SPECIAL CLAUSES IN CONVERTIBLES
- 3.14 CONTINGENT CONVERTIBLES: FRESHES, CASHES AND ECNS
- 4: Strategic Equity Transactions around Convertible/Exchangeable Bonds
- 4.1 ISSUING AN EXCHANGEABLE WITH A THIRD-PARTY GUARANTEE
- 4.2 ISSUING A CONVERTIBLE THROUGH A THIRD PARTY
- 4.3 CRYSTALLIZING A GAIN IN A CONVERTIBLE INVESTMENT THROUGH WARRANTS
- 4.4 MONETIZING A STAKE WITH AN EXCHANGEABLE PLUS A PUT
- 4.5 INCREASING LIKELIHOOD OF CONVERSION WITH A CALL SPREAD
- 4.6 DECREASING LIKELIHOOD OF CONVERSION WITH A CALL SPREAD
- 4.7 DOUBLE ISSUANCE OF EXCHANGEABLE BONDS
- 4.8 BUYING BACK CONVERSION RIGHTS
- 4.9 BUYING BACK CONVERTIBLE/EXCHANGEABLE BONDS
- 4.10 PRE-IPO CONVERTIBLE BONDS
- 5: Hedging and Yield Enhancing Strategic Stakes
- 6: Disposal of Strategic Stakes
- 7: Strategic Equity Derivatives in Mergers and Acquisitions
- 8: Stock Options Plans Hedging
- 9: Equity Financings
- 10: Share Buybacks and Other Transactions on Treasury Shares
- 10.1 OPEN MARKET REPURCHASE PROGRAMS
- 10.2 ACCELERATED REPURCHASE PROGRAMS
- 10.3 VWAP-LINKED REPURCHASE PROGRAMS
- 10.4 PREPAID COLLARED REPURCHASE PROGRAMS
- 10.5 DEEP-IN-THE-MONEY CALL PURCHASE
- 10.6 ASIAN CALL PURCHASE
- 10.7 PUBLICLY OFFERED REPURCHASE PROGRAMS
- 10.8 PUBLIC OFFER OF PUT OPTIONS
- 10.9 PRIVATE SALE OF A PUT OPTION
- 10.10 ACQUISITION OF SHARES WITH A RANGE ACCRUAL
- 10.11 OTHER TRANSACTIONS ON TREASURY SHARES
- 11: Bank Regulatory Capital
- 11.1 AN OVERVIEW OF BASEL III
- 11.2 TIER 1 CAPITAL
- 11.3 TIER 2 CAPITAL
- 11.4 DEDUCTIONS FROM COMMON EQUITY TIER 1 CAPITAL
- 11.5 OTHER CAPITAL BUFFERS
- 11.6 TRANSITIONAL ARRANGEMENTS
- 11.7 LEVERAGE RATIO
- 11.8 LIQUIDITY COVERAGE RATIO
- 11.9 NET STABLE FUNDING RATIO
- 11.10 CASE STUDY: CALCULATION OF MINORITY INTERESTS
- 11.11 CASE STUDY: CREATING MINORITY INTERESTS
- 11.12 CASE STUDY: REDUCING RISK WEIGHTING
- 11.13 CASE STUDY: RELEASING COMMON EQUITY
- 11.14 CASE STUDY: REDUCING AN UNCONSOLIDATED FINANCIAL STAKE
- 11.15 CASE STUDY: COMMERZBANK'S CAPITAL STRUCTURE ENHANCEMENT WITH CREDIT SUISSE
- Bibliography
- Index
-
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click here login for view all page.