lorem ipsum dolor sit amet ...
Tidsskrift
...
...
...
...
...
...
...
...
...
...
...
...
Details
Description
Freeport-McMoRans acquisition of Phelps Dodge created the worlds largest publicly traded copper company. JPMorgan and Merrill Lynch advised the acquirer and arranged $17.5 billion in debt financing and $1.5 billion in credit facilities. In addition, these two firms underwrote $5 billion in equity capital through simultaneous offerings of Freeport-McMoRan common shares and mandatory convertible preferred shares. These financings created an optimal capital structure for the company that resulted in stronger credit ratings. The activities of the equity capital markets and sales groups at the underwriting firms are explored and the structure and benefits of mandatory convertible preferred shares is explained.
Periodica
The article is a part of
The articles in are frequently about
Articles with same topics
In
Articles
All registered articles grouped by issue
...
...
...
...
...