Convertible security fundamental change make-whole

Details Convertible security fundamental change make-whole Convertible security fundamental change make-whole

2004-05-28

2009-06-09

Kazimi, Hani (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S037000

Reexamination Certificate

active

07546260

ABSTRACT:
A convertible security structured for issuance to at least one investor by an issuer. The convertible security includes a make-whole premium that is payable to the at least one investor upon conversion following occurrence of a fundamental change involving the issuer of at least one underlying security into which the convertible security is convertible, wherein the make-whole premium is determined by using a methodology established at one of prior to issuance and issuance of the convertible security that references a value of an option embedded in the convertible security.

REFERENCES:
patent: 7257556 (2007-08-01), Rifkin
patent: 2001/0056392 (2001-12-01), Daughtery, III
patent: 2003/0093375 (2003-05-01), Green et al.
patent: 2003/0163400 (2003-08-01), Ross et al.
patent: 2004/0006520 (2004-01-01), Birle et al.
patent: 2005/0055293 (2005-03-01), Birle et al.
patent: 2005/0160025 (2005-07-01), Birle et al.
Liscio, John. (May 1988). The Worst Of Both Worlds? What's Wrong With Convertible Sec. Barron's National Business and Financial Weekly, 68(20), 16. Retrieved Apr. 11, 2009, from ABI/INFORM Global database. (Document ID: 178920).
Pittel, Leslie. (Jan. 1984). Convertibles Are Back in Style. Forbes, 133(3), 127. Retrieved Apr. 11, 2009, from ABI/INFORM Global database. (Document ID: 1083970).
Liz Rappaport. (Nov. 18, 2003). Deals & Deal Makers: Convertible-Bond Deals Shelved In Favor of Stock, Straight Debt. Wall Street Journal (Eastern Edition), p. C.5. Retrieved Apr. 11, 2009, from ABI/INFORM Global database. (Document ID: 452345171).
Providian Prospectus Supplement dated Mar. 15, 2004 to Prospectus dated May 14, 1999.
“United States—Mitigating Acquisition Risk,” International Financing Review, Mar. 19, 2004, accessed online Dec. 20, 2008 at http://www.ifre.com/story.asp?sectioncode=&storycode=65152 (2 pages).
“Feature—Arbs Want Make-Whole Protection,” International Financing Review, Jun. 5, 2004, accessed online Dec. 20, 2008 at http://www.ifre.com/story.asp?sectioncode=&storycode=63275 (2 pages).
“United States—The House Always Wins,” International Financing Review, Jun. 12, 2004, accessed online Dec. 20, 2008 at http://www.ifre.com/story.asp?sectioncode=&storycode=63530 (2 pages).
“United States—More Make-Whole,” International Financing Review, Jun. 19, 2004, accessed online Dec. 20, 2008 at http://www.ifre.com/story.asp?sectioncode=&storycode=63639 (2 pages).
“M&A Wave Threatening Converts.” Investment Dealers' Digest, Jun. 21, 2004, accessed online Dec. 22, 2008 at http://www.accessmylibrary.com/comsite5/bin/aml—landing—tt.pl?page=aml—article—print . . . (2 pages).
“Convertible Instruments in the U.S. Capital Market,” Oct. 22, 2008, Presentation by John D. Lobrano of Simpson Thacher & Bartlett LLP (14 pages).

Affiliated with

Also associated with

Rating

Convertible security fundamental change make-whole does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Convertible security fundamental change make-whole, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Convertible security fundamental change make-whole will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4094869