Financings
The material in this chapter should be cross-referenced with Case Study 3, “Freeport-McMoRan: Financing an Acquisition.”
This chapter focuses on financings for corporate and government clients, one of the two key businesses conducted by the Investment Banking Division of an investment bank.
Capital Markets Financings
A capital markets financing is a long-term funding obtained through the issuance of a security in a regulated market. A security is a fungible, negotiable instrument representing financial value. The security can be debt (bonds, debentures, or notes), equity (common stock), or a hybrid (a security with both debt-like and equity-like characteristics, such as preferred shares or convertibles). A capital markets financing ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access