ABFM: Concepts and Practice · Part D: Emerging Business Solutions

Chapter 19: Hybrid finance and SPACs

Money between debt and equity: preference shares, convertibles, warrants, mezzanine and perpetual bonds, and the SPAC route to a listing.

Open Chapter 19 in the e-book The book and its prices

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

19.1Hybrid instrumentsp. 255
19.2Valuing a convertiblep. 256
19.3Mezzanine and perpetual capitalp. 257
19.4How a SPAC worksp. 258
19.5SPACs in India, and the risksp. 259
Exam traps and quick checksp. 260
Practice: 16 questions in three roundsp. 261
Answers, with every wrong option explainedp. 263
Make it stickp. 265
Chapter 19 on one pagep. 266

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.