(Reuters) - Hybrid bonds have become a popular tool for financing
mergers and acquisitions as they are counted by ratings agencies
partly as equity, allowing credit ratings to be maintained while
boosting the issuer's balance sheet.
Corporate hybrid bonds carry very long or perpetual
maturities -- making them similar to equity -- but are usually
callable by the issuer after a period of seven to 10 years.
Read more at Reuters.com Bonds News
mergers and acquisitions as they are counted by ratings agencies
partly as equity, allowing credit ratings to be maintained while
boosting the issuer's balance sheet.
Corporate hybrid bonds carry very long or perpetual
maturities -- making them similar to equity -- but are usually
callable by the issuer after a period of seven to 10 years.
Read more at Reuters.com Bonds News
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