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The cost of equity financing (roughly speaking, earnings yields) soared.
Hong Kong has proved to be more reliable than the mainland as a source of equity financing.
Such a loan often takes the form of equity financing against the current property — to be paid off upon sale.
A new round of equity financing, which will seek investors from around the world, is planned in the next several months.
Finish Line also used a highly leveraged structure with $1.6 billion of debt supplied by UBS and only $11 million of equity financing to acquire Genesco.
In a letter to Avon's board, Coty listed Berkshire Hathaway as a prominent new provider of equity financing, alongside the German conglomerate Joh. A. Benckiser and other unnamed clients of BDT Capital Partners.
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The summary also named Philippe Baboulin, the bank's head of equity finance, and Luc François, a co-head of the equities and derivatives department.
Mr. Lemanski, 36, a vice president of equity finance at Lehman Brothers, left his office at 3 World Financial Center and ran to a bicycle store.
"It's very clear to me to me that we have got a fantastic crop of technology and very good opportunities in the UK," he said, hoping that small companies make more use of equity finance to exploit these opportunities.
Officials also created an entrepreneurial visa to fast-track immigration approval for non-Europeans interested in starting businesses in Britain, and announced $312 million of equity finance for fast-growing homegrown technology companies.
Trading in the largest stocks of the Nasdaq index may be more volatile before the rebalancing takes effect, but the change may make index funds that are based on the Nasdaq more appropriate for lay investors, said John DiBacco, global head of equity finance at UBS. "When you buy an index fund you are hoping for diversification," he said.
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