Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 1 June 1998
Length: 14 pages
Data source: Field research
Abstract
MCI Communications Corp is faced with a large need for external financing to support rapid growth and substantial uncertainty due to the AT&T antitrust settlement. The case illustrates the value of convertible debt as a financing instrument in these circumstances.
Location:
Industry:
Size:
USD1 billion revenues
Other setting(s):
1968-1983
About
Abstract
MCI Communications Corp is faced with a large need for external financing to support rapid growth and substantial uncertainty due to the AT&T antitrust settlement. The case illustrates the value of convertible debt as a financing instrument in these circumstances.
Settings
Location:
Industry:
Size:
USD1 billion revenues
Other setting(s):
1968-1983