Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 19 November 1991
Length: 14 pages
Data source: Field research
Topics:
Acquisition; Capital; Capital markets; International finance; Credit; Valuation; Currency; Hedging; Bonds; Finance; Loans
Abstract
Reynolds must source a substantial portion of the financing of its Nabisco acquisition in offshore bond markets. Morgan Guaranty has proposed a yen/dollar dual currency Eurobond that could be hedged into dollars. This structure is compared to Eurodollar Bonds, Euroyen Bonds, and Euroyen Bonds swapped or hedged into dollars.
Location:
Industry:
Size:
USD13 billion sales revenue
Other setting(s):
1985
About
Abstract
Reynolds must source a substantial portion of the financing of its Nabisco acquisition in offshore bond markets. Morgan Guaranty has proposed a yen/dollar dual currency Eurobond that could be hedged into dollars. This structure is compared to Eurodollar Bonds, Euroyen Bonds, and Euroyen Bonds swapped or hedged into dollars.
Settings
Location:
Industry:
Size:
USD13 billion sales revenue
Other setting(s):
1985