6 Things You Must Know When Issuing a Convertible Bond
This video covers the following topics:
- Overview and rationale for using convertible bonds and call spreads
- Convertible bond and call spread structuring
- Economic comparison (cost of capital analysis) of convertible bonds vs. regular debt
- Tax and accounting considerations
- Investor participation in convertible bonds
- Stock price impact of convertible issuance
This video was recorded on October 14, 2020.
This video should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by Matthews South, may not be current, and Matthews South has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. The information contained in this video is not financial research. The views and opinions expressed in this video are not necessarily those of Matthews South and may differ from the views and opinions of other departments or divisions of Matthews South and its affiliates. Matthews South is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this video. The information contained in this video does not constitute investment advice or an offer to buy or sell securities from any Matthews South entity to the viewer and should not be relied upon to evaluate any potential transaction. In addition, the receipt of this video by any viewer is not to be taken to constitute such person a client of any Matthews South entity. Neither Matthews South nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this video and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.
The works of authorship contained in this Website, including but not limited to all design, text, sound recordings, and images, are owned, except as otherwise expressly stated, by Matthews South or one of its affiliates. Except as otherwise expressly stated herein, they may not be copied, transmitted, displayed, performed, distributed (for compensation or otherwise), licensed, altered, framed, stored for subsequent use, or otherwise used in whole or in part in any manner without the owner’s prior written consent, except to the extent permitted by the Copyright Act of 1976 (17 U.S.C. § 107), as amended, and then, only with notices of the owner’s proprietary rights. Except for any third party exchange data, you may download information and print out a copy for your personal use, so long as you do not remove any copyright or other notice as may be contained in information, as downloaded. You agree that you will not use any robot, spider, other automatic device or manual process to monitor or copy our web pages, data or the content contained herein or for any other unauthorized purpose without our prior expressed written permission.