Hybrid Debt

Hybrid Debt

A general term for a type of debt with some features of equity. Two of the most common examples are a convertible bond, which is a bond that the holder may exchange for stocks, and a preferred share, which is stock with a guaranteed dividend. Both of these examples combine the guaranteed payments of a bond with a stock's potential for equity.
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Santos sparked fears it may be facing capital cost blowouts or considering an acquisition when it tapped Deutsche Bank, Goldman Sachs and JPMorgan this week to sound out investors for a hybrid debt raising.
Global Banking News-November 26, 2013--Spate of hybrid debt instruments to be issued by Australian banks(C)2013 ENPublishing - http://www.
Hybrid debt, which has equity-like characteristics alllowing it to count towards banks' core capital ratios, can include perpetual debt and Islamic bonds.
Hudson Realty Capital LLC (HRC) has launched its third high-yield real estate fund--the Hudson Realty Capital Fund III LP--a hybrid debt and equity fund--announced Spencer Garfield, managing director of the company.
HRC plans to introduce a third, hybrid debt and equity fund in 2005, and the new fund will be larger than both of its previous funds combined, according to the company.
s (PL) new issuance of $150 million in 6% hybrid debt.
He would help the bank deliver senior, subordinated and hybrid debt financing solutions to institutional clients.
Dubai mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500 million from the issue of a hybrid debt sale to finance its buyout of French hypermarket chain Carrefour's stake in a regional venture.
HRC will launch a hybrid debt and equity fund, the Hudson Realty Capital Fund III, LP in May.
This ratio excludes Eur3 billion debt used to finance the acquisition of Transamerica's noninsurance activities, banking-related debt, and other hybrid debt.
The debt is being issued as part of Aviva's proposed plan to renew 50% or less of the hybrid debt callable over the next three years, reducing external debt by at least GBP 700 million.
We can go for a GDR or for hybrid debt that is validated for Tier 1, or for a rights issue again to shareholders," R.