Exact(1)
Ben Holmes, founder of ipoPros.com, which specializes in newly issued equities, says that the big backer would likely assure Kozmo's continued existence.
Similar(59)
In 2008 governments did what was needed to protect their banks: guarantees were issued, equity injected.
Such deals typically involve bondholders' forgiving a portion of the debt in return for newly issued equity in a company, rendering the old equity worthless.
Minutes after the call, Mr. Einhorn gave instructions to sell all of Greenlight's holding in Punch, which was 13.3 percent of issued equity, the F.S.A. said.
If not, you could wait until a recapitalization and then buy newly issued equity.
As a consequence, private firms hold cash and issued equity for hedging the negative effect of credit contractions.
The filings show that LivingSocial issued equity valued at $24.6 million and $4.8 million on June 21 and June 22nd, respectively.
Instead of issuing 3% converts [convertible bonds], they should have issued equity at 5% cap rates to de-lever.
Therefore as a proxy for unbalanced ownership we use block holdings i.e., investors who own more than 5% of issued equity.
The leading players in securities of sick companies usually start out with bonds, expecting to get cash or newly issued equity in a restructuring.
The SPV: Collects the necessary capital to provide to the restoration of the buildings, usually issuing equities and bonds.
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