Mezzanine financing : tools, applications and total performance /

"An in-depth explanation of mezzanine financeMezzanine finance products, which have grown increasingly popular in recent years, involve a unique and complex form of analysis because of their hybrid nature. Because mezzanine finance involves no collateral, it accentuates legal terms, term sheets...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Nijs, Luc
Μορφή: Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Chichester : John Wiley & Sons, [2013]
Σειρά:Wiley finance series.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
LEADER 07456nam a2200889 4500
001 ocn858550166
003 OCoLC
005 20170124071446.9
006 m o d
007 cr |||||||||||
008 130916s2013 nju o 001 0 eng
010 |a  2013037633 
040 |a DLC  |b eng  |e rda  |c DLC  |d YDX  |d EBLCP  |d N$T  |d IDEBK  |d MEAUC  |d CUI  |d CUS  |d YDXCP  |d DEBSZ  |d UMI  |d OCLCF  |d AU@  |d CDX  |d RECBK  |d UKDOC  |d DEBBG  |d DG1  |d GrThAP 
019 |a 865004543  |a 866835872  |a 875668712 
020 |a 9781118765203 (ePub) 
020 |a 1118765206 (ePub) 
020 |a 9781118765227 (Adobe PDF) 
020 |a 1118765222 (Adobe PDF) 
020 |z 9781119941811 (hardback) 
020 |a 9781118797075 
020 |a 1118797078 
020 |a 1299988741 
020 |a 9781299988743 
028 0 1 |a EB00064236  |b Recorded Books 
029 1 |a CHBIS  |b 010131776 
029 1 |a CHVBK  |b 314715711 
029 1 |a DEBSZ  |b 397646496 
029 1 |a NZ1  |b 15341879 
029 1 |a DEBSZ  |b 423152181 
029 1 |a AU@  |b 000051954671 
029 1 |a AU@  |b 000052901384 
029 1 |a DEBBG  |b BV042744101 
029 1 |a DEBBG  |b BV041906854 
035 |a (OCoLC)858550166  |z (OCoLC)865004543  |z (OCoLC)866835872  |z (OCoLC)875668712 
037 |a CL0500000413  |b Safari Books Online 
042 |a pcc 
050 0 0 |a HG173 
072 7 |a BUS  |x 082000  |2 bisacsh 
072 7 |a BUS  |x 041000  |2 bisacsh 
072 7 |a BUS  |x 042000  |2 bisacsh 
072 7 |a BUS  |x 085000  |2 bisacsh 
082 0 0 |a 658.15/224  |2 23 
084 |a BUS027000  |2 bisacsh 
049 |a MAIN 
100 1 |a Nijs, Luc. 
245 1 0 |a Mezzanine financing :  |b tools, applications and total performance /  |c Luc Nijs. 
264 1 |a Chichester :  |b John Wiley & Sons,  |c [2013] 
300 |a 1 online resource. 
336 |a text  |2 rdacontent 
337 |a computer  |2 rdamedia 
338 |a online resource  |2 rdacarrier 
490 1 |a Wiley finance series 
500 |a Includes index. 
520 |a "An in-depth explanation of mezzanine financeMezzanine finance products, which have grown increasingly popular in recent years, involve a unique and complex form of analysis because of their hybrid nature. Because mezzanine finance involves no collateral, it accentuates legal terms, term sheets, and contracts, in addition to depicting dynamics of both debt and equity. Experienced chairman, lecturer, and professor of investment banking Luc Nijs presents readers with a thorough description of product groups, structuring and pricing, and cultural discrepancies in terms of regulation and application in Mezzanine Financing: Tools, Applications and Total Performance. Nijs analyzes common triumphs and failures encountered in mezzanine financing, and he discusses techniques for risk analysis and risk mitigation. A final study of international capital markets, their products' relevance, attractiveness, and liquidity, and the effects on pure equity/fixed-income risk concludes the book. Conveys a professional's advice through case studies of various regions, industries and contexts Provides the only complete analysis of mezzanine finance as no other books take on the topic as their only subject Details an increasingly popular and globally relevant subject in finance Those seeking a detailed explanation of the complexities within mezzanine financing will encounter a professional account in Nijs's book"--  |c Provided by publisher. 
520 |a "GLOBAL RELEVANCE; covers regulatory and regional variations in the pricing, structuring and application of mezzanine finance products"--  |c Provided by publisher. 
588 |a Description based on print version record and CIP data provided by publisher. 
504 |a Includes bibliographical references and index. 
505 0 |a Mezzanine Financing: Tools, Applications and Total Performance; Contents; Preface; 1 Introduction; 1.1 The Bi-polar World of Finance; 1.2 Demarcation of the Product Group; 1.3 Positioning and Use of Mezzanine Finance; 1.4 The Risk-Return Conundrum; 1.5 Providers of Mezzanine Finance; 1.6 The Market for Mezzanine Products; 2 The Mezzanine Product Group; 2.1 Categorization of the Mezzanine Product Group; 2.1.1 Subordinated debt with step-up rates; 2.1.2 Subordinated debt with PIK interest; 2.1.3 Subordinated debt with profit participation; 2.1.4 Subordinated debt with warrants. 
505 8 |a 2.1.5 Convertible loans2.1.6 Preferred shares; 2.1.7 The wider space of hybrid instruments; 2.2 Case Study: The Kratos Company -- Merger Finance; 2.2.1 Kratos Inc. -- A closer look; 2.2.2 Case guidance; 2.2.3 Datasets; 3 The Implicit Cost of Mezzanine Products; 3.1 Measuring Risk; 3.1.1 Risk and return expectations; 3.1.2 How do you measure risk?; 3.1.3 What risks do we compensate for?; 3.2 Types of Risk; 3.2.1 Diversifi cation as a rule reduces or eliminates firm-typical risk; 3.2.2 Modern financial theory is eyeing a certain type of investor. 
505 8 |a 3.2.3 Measuring market risk: the CAPM (capital asset pricing model) theory3.2.4 The capital asset pricing model; 3.3 Equity Risk Versus the Risk of Borrowing: Default Risk and the Cost of Debt; 3.3.1 What are the drivers behind default risk?; 3.3.2 The risk-free rate; 3.4 Putting It All Together; 3.5 How Much Risk is There in a Mezzanine Product?; 3.6 Cost Versus Return Dynamics for Mezzanine Products; 4 The 'Pricing' Question and Further Financial Dynamics of Convertible Loans and Preferred Convertible Shares; 4.1 Pricing Grid for Mezzanine Products. 
505 8 |a 4.2 Financial Dynamics of Convertibility in Convertible Loans and Preferred Convertible Shares4.2.1 Convertible bonds; 4.2.2 Convertible preferred stock (CPS); 4.2.3 Valuation and pricing of (embedded) options; 4.3 Case Study: JJ Bars & Restaurants -- Mezzanine for Expansion; 4.3.1 Europewide Capital Partners; 4.3.2 The Dutch and European restaurant industry; 4.3.3 Industry segments; 4.3.4 JJ Bars & Restaurants; 4.3.5 Datasets; 4.3.6 Questions: JJ Bars & Restaurants; 5 The Mezzanine Product Group and the Financial Industry; 5.1 The Basel Committee and Framework. 
505 8 |a 5.2 The Evolution of the Basel Rules (Basel I and II)5.2.1 The first pillar; 5.2.2 The second pillar; 5.2.3 The third pillar; 5.2.4 Capital definitions under Basel II; 5.3 Objectives of Basel III and the Central Themes; 5.3.1 Capital definitions under Basel III; 5.4 Impact on the Use of Mezzanine Products in the Financial Sector; 5.5 Regulation in the Insurance Sector Impacting the Use of Mezzanine Products; 5.5.1 Solvency II; 5.5.2 Regulated capital under Solvency II; 5.6 CoCo Bonds -- Contingent Convertible Bonds; 5.6.1 Outlook for the product; 5.7 Annex I -- Summary Basel III. 
505 8 |a 5.8 Annex II -- Basel III -- Specific Features. 
506 |a License restrictions may limit access. 
650 0 |a Finance  |x Management. 
650 0 |a Risk management. 
650 0 |a Finance  |x Law and legislation. 
650 7 |a BUSINESS & ECONOMICS / Finance.  |2 bisacsh 
650 7 |a Finance  |x Law and legislation.  |2 fast  |0 (OCoLC)fst00924391 
650 7 |a Finance  |x Management.  |2 fast  |0 (OCoLC)fst00924397 
650 7 |a Risk management.  |2 fast  |0 (OCoLC)fst01098164 
655 4 |a Electronic books. 
655 0 |a Electronic books 
776 0 8 |i Print version:  |a Nijs, Luc.  |t Mezzanine financing  |d Hoboken, New Jersey : John Wiley & Sons Inc. , [2013]  |z 9781119941811  |w (DLC) 2013034153 
830 0 |a Wiley finance series. 
856 4 0 |u https://doi.org/10.1002/9781118797075  |z Full Text via HEAL-Link 
994 |a 92  |b DG1