The context for this article is the problem of funding through the issuing of debt associated with a call option on shares to be issued: convertible bonds and bonds with warrants. The securities studied are generally considered to be the same in the literature. The aim of this article is to...

This paper addresses the question of the optimal conditions under which a firm would choose to issue convertible bonds or bonds with warrants. It is thus related to the general problem of security design.We review here the set of characteristics of the firm, hypothesis and constraints of the...

The purpose of this study is to:- describe the process and methods used by major banking institution when they face a credit or loan request;- identify and analyse the criterias used by credit analysts in this process;- compare the identified criterias with those evoqued by the analysts during...

The object of this article is to determine the consequences of modifying the weight applied for the calculation of the CAC 40 index. This modification comprises taking into account the number of titles participating effectively or potentially in transactions. The aim is to find out if or not...

This paper addresses the question of the reason why firms issue debt accompanied with calls on their equity, like convertible bonds or bonds with warrants.Theoretical work is based on financial markets imperfections, and often summarizes the problem as the question: quot;Is convertible debt...