Corporate hybrids do not include those hybrids issued by banks and insurers, which are discussed on
our bank hybrid securities webpage.
Not exact matches
The major
banks dominated
hybrid issuance, issuing
securities in Australia, the United States, and for the first time, the United Kingdom.
Almost $ 9 billion of
hybrid securities were issued in the second half of 2003, with the major
banks being the biggest issuers.
Deb Knight, Financial Review Sunday: The Commonwealth
Bank's $ 2 billion
hybrid offer revealed on Financial Review Sunday has sparked furious debate about whether the
securities are too risky.
ANZ is set to sneak in ahead of National Australia
Bank, which revealed its intentions late last year to issue a
hybrid security following a scheduled trading update in early February.
Hybrid securities are used by
banks and companies to borrow money from investors, but they have complex features and risks that even experienced investors struggle to understand.
Hybrid securities are used by
banks and companies to borrow money from investors, but they have complex features and risks, and may not be suitable for you if you need steady returns or capital
security.
Hybrid securities issued by
banks and insurers, known as
bank hybrids, may sound like a safe investment, but they are much more complex than a savings account or term deposit.
Hybrid securities (including subordinated notes, capital notes and convertible preference shares) may be from well - known companies,
banks and insurers but they are very different from other fixed interest investments.
Hybrid securities are a way for
banks and companies to borrow money from investors in return for interest payments.
We regularly draft and negotiate documentation for the financial transactions in which businesses are involved, such as public and private debt and equity arrangements, initial and follow - on public offerings,
bank financing, and the issuance of convertible debt or
hybrid securities.