China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

May 2006

Equity-linked faces competition from corporate hybrids

by Denise Bedell

Is there enough room for both sorts of hybrid in the European acquisition finance market?


The new generation of corporate hybrids is becoming an increasingly popular acquisition finance tool in Europe, so could these products wipe out demand for other hybrid products such as traditional equity-linked bonds in M&A financings altogether, just as the latter are making a comeback?

“It would certainly be right to call it a competing product in certain cases,” says Claude...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today