| 作者 |
 提供对冲股权贷款，针对上市公司，可以采取M&A的方式进行 |
 |
| 所跟贴 |
提供对冲股权贷款，针对上市公司，可以采取M&A的方式进行 -- michaelzhaoshanghai - (1924 Byte) 2006-3-29 周三, 17:59 (1407 reads) |
NanoDragon
头衔: 海归中尉
加入时间: 2005/09/28
文章: 44
来自: Greater China
海归分: 4801
|
|
|
作者：NanoDragon 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Well, this is a new exciting game. In the old days, people play “equity arbitrage” with their own portfolio (reference the fall of LTCM). Now you can play it with others stocks. For the capital lender, the risk is much lower since the mechanism is the loan process. At most cases, getting the loan with the collateral of equity only has 50% to 80% Loan to Value.
Since the borrower has the option to sell its stocks to pay off the loan, it implies the lender would find someone to take care of ownership of the company. (Well, if you are street smart, you might see a morphed MBO on the horizon.) If you know how much capital flowing in the Western world, you would know this also creates tons of new “loan” business for the lenders. In a word, it’s a new design which stimulates many parties!
If you guys still have more questions, I’d like to suggestion my Financial Engineering friend Mr. Lin for you. ( hungda . arthur . lin @ gmail . com ). I know his Financial Engineering & Risk Management firm does more and more complex financing projects for Greater China clients. Because I’m poor in managing my time, I’m sorry that I may not follow up all interested quires.
作者：NanoDragon 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
|
|
|
| 返回顶端 |
|
 |
|
| |
|
|
|
您不能在本论坛发表新主题, 不能回复主题, 不能编辑自己的文章, 不能删除自己的文章, 不能发表投票, 您 不可以 发表活动帖子在本论坛, 不能添加附件不能下载文件, |
|
|
