equity kicker

(redirected from Equity Kickers)

Equity kicker

Stock warrants issued attached to a new debt, preferred or common stock issue to improve the salability of the issue.

Equity Kicker

An option to purchase stock attached to a bond. A bond issuer may attach an equity kicker as a sweetener to encourage investment in the bond.

equity kicker

An addition to a fixed-income security that permits the investor to participate in increases in the value of equity ownership. Two common types of equity kickers are a convertible feature on some bonds that allows the bonds to be exchanged for shares of stock, and warrants to purchase stock that are sold in combination with a new bond issue. Compare real estate certificate of deposit.
References in periodicals archive ?
We continue to monetize our equity kickers despite difficult market conditions," said Ivan Kaufman, Arbor's Chairman and Chief Executive Officer.
This was an extraordinary transaction and continues to demonstrate our ongoing ability to create off balance sheet value through our equity kickers," said Ivan Kaufman, chairman and cCEO of Arbor.
Under existing interpretations of law, national banks may--in addition--take so-called equity kickers as part of loan agreements.
The present paper develops a formal rationale for the choice of capital structure made by the organizers of the buyout, including the use of such arrangements as strip financing and equity kickers.
equity kickers, contingent interest, significant deferral
CCA's software allows clients to evaluate and create securities-offering documents for deal structures including common equity, notes with equity kickers, participating preferred shares, and common equity with bank debt.
6 million of income, before minority interest, from equity interest in Prime portfolio, marking a positive impact from equity kickers in 11 of the 14 quarters since transitioning to a public company
The lender has the safety of a mortgage, albeit subordinated to a first mortgage, and can get higher returns as well as equity kickers.
The debt investments are typically structured as non-recourse to the sponsors, with royalty or other equity kickers.
We have received over $170 million in cash distributions from our equity kickers since transitioning to a public company, which has added over $6 per share to our economic book value.
These equity kickers are an important aspect of our business model and continue to generate significant liquidity to fund new loans and investments.
Received $101 million in cash distributions and recorded $24 million of income, before minority interest, from three equity participation interests marking a positive impact from equity kickers in 10 of the 13 quarters since transitioning to a public company