Browse

Corporate bonds represent a suitable source of financing capital intensive projects and activities. The key factor determining the effectiveness of a corporate bond issue and affecting its success is the cost of such a corporate bond issue. The paper authors aim to identify expenses relating to the issue of corporate bonds both in the classic and mezzanine forms and, subsequently, quantify their amounts for the current conditions in the Czech economy. The paper defines two basic components of corporate bond issue ...

The paper deals with mezzanine financing instruments and with their application by non-financial corporations in the Czech Republic. The mezzanine capital represents a hybrid source of financing, which you can find in the balance sheet between equity and debt and which interconnects their features. Mezzanine financing instruments include participating loans, participating bonds, subordinated loans, subordinated bonds, convertible bonds, bonds with warrants, silent participations and preferred stocks. On the basis ...