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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Last week, Moody's Investors Service cut its rating on SBI's financial strength, to 'D+' from 'C-', and lowered its hybrid debt rating on the bank to 'Ba3' (hyb) from 'Ba2' (hyb).
BANKING AND CREDIT NEWS-February 6, 2012--Banco Popolare starts hybrid debt repurchase(C)2012 M2 COMMUNICATIONS http://www.
The statement comes after Moody's Investors Service cut its rating on state-run SBI's bank financial strength to 'D+' from 'C-', while also lowering its hybrid debt rating on the bank to 'Ba3' (hyb) from 'Ba2' (hyb).
M2 EQUITYBITES-February 6, 2012--Banco Popolare starts hybrid debt repurchase(C)2012 M2 COMMUNICATIONS http://www.
BANKING AND CREDIT NEWS-February 22, 2011--Bank of Ireland gets higher rating from S&P for hybrid debt instruments(C)2011 M2 COMMUNICATIONS http://www.
7bn) worth of subordinated bonds and hybrid debt next year as part of its effort to replenish its capital.
Contingent convertible notes (CoCo) made a very modest entry into the financial landscape in November 2009, when LLoyds TSB offered the holders of some of its hybrid debt the possibility to swap these holdings into a new bond with CoCo-features.
M2 EQUITYBITES-February 22, 2011--Bank of Ireland gets higher rating from S&P for hybrid debt instruments(C)2011 M2 COMMUNICATIONS http://www.
Global Banking News-30 June 2009-Barclays and Danske Bank's hybrid debt may be cut to junk(C)2009 ENPublishing - http://www.
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.
The domestic regulatory norms for hybrid debt capital instruments need regulatory approvals from the Reserve Bank of India for debt servicing (including principal repayments) in case the bank were to report a loss and are not liable to service the debt in case the bank breaches the minimum regulatory capitalization norms.
UL), also said that it would continue to issue subordinated and hybrid debt to boost its capital adequacy ratio to 10 percent, from 8.