They provided $3 million in debt capital, as opposed to equity.
Rewards-based crowdfunding means that when people pledge funds to a project they get a gift in return as a thank you. (As opposed to equity-based crowdfunding where businesses give away a share in their company in return for investment).
The deal is a token-based investment round, as opposed to equity.
Who will be opposed to equity?
First, on a campus of approximately 3,800 students, around 200 participated in the protests with many of the remaining 3,600 being opposed to the tactics utilized ― which is different from being opposed to equity.
The most notable difference between the equity swaps and the debt swaps are the receivers of the LIBOR-based payments receive LIBOR minus a spread, as opposed to the equity swaps, which are usually based on LIBOR plus a spread.
Why use debt (as opposed to, say, equity)?
In order to do this, you need to determine the "basis" in the house, as opposed to the equity.
But it goes beyond that -- because she's on a ticket that is opposed to pay equity legislation for women, paid family leave, paid sick leave, funding violence against women, even funding breast cancer research!
Although membership of the task force has not been specified, Francis said that it would include at least one representative from the Commission on the Status of Women and probably one member from a group opposed to pay equity.
One interviewee from an NGO, however, was highly critical of this move, arguing that Chatham House has no experience in health and its focus on global health security as opposed to health equity was a "cop-out".
