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  • Chapter
The Use of Hybrid Securities

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Abstract

The purpose of this investigation was to explain the use and performance impact of hybrid securities issued by US and Western European firms. A contribution to existing literature was made for three forms of hybrid securities: convertible debt (objective 1), concurrent offerings of convertible securities and common stock (objective 2) and exchangeable debt (objective 3).

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(2006). Conclusions and outlook. In: Kleidt, B. (eds) The Use of Hybrid Securities. DUV. https://doi.org/10.1007/978-3-8350-9077-4_7

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