Equity collar

Equity collar

The simultaneous purchase of an equity floor and sale of an equity cap.
References in periodicals archive ?
A forward is a strategy that combines features of a forward sale of stock and an equity collar.
Daimler, German automaker has enrolled into a equity collar deal with Tesla Motors, a US-based manufacturer of electric vehicles and electric vehicle powertrain components.
46) Like the synthetic short sale, an equity collar combines a long put with a short call.
25 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty") today announced that it has chosen to unwind 50% of the first tranche of a DIRECTV equity collar it entered into in April 2008.
As previously disclosed in the proxy statement and prospectus sent to stockholders in connection with the stockholder vote on the Liberty transactions and other public filings, as a result of completing the Liberty transactions, the Company has assumed, on a consolidated basis, approximately $2 billion of indebtedness to Bank of America through its acquisition of Greenlady II, LLC, a subsidiary of LEI, and also has assumed rights and obligations connected with the related equity collar securing the debt.
Funds Purchase with Borrowings against Newly Executed Equity Collar
Liberty Global intends to enter into a prepaid long-term equity collar with JPMorgan with respect to the Sumitomo shares.
As mentioned, Liberty continues to execute its voluntary debt reduction program through the monetization of nonstrategic investments, use of cash balances, and proceeds from equity collar expirations.
for a term of 36 months for a $20,000,000 equity collar to be funded through a proposed SB-2.
Bank of America") pursuant to an equity collar transaction that he entered into with Bank of America in December 1999.
Cohesion previously reported these equity collar proceeds of $789,000 and $857,000 as gains for the quarters ended September 30, 2000 and December 31, 2000, respectively.