Recapitalization https store theartofservice comtherecapitalizationtoolkit html Dividend recapitalization

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Dividend recapitalization 1 A 'dividend recapitalization' (often referred to as a 'dividend recap') in finance is a type of leveraged recapitalization in which a payment is made to shareholders. As opposed to a typical dividend which is paid regularly from the company's earnings, a dividend recapitalization occurs when a company raises debt —e. g. by issuing Bond (finance)|bonds to fund the dividend. https: //store. theartofservice. com/the-recapitalization-toolkit. html

Dividend recapitalization 1 Therefore, the additional debt burden of a leveraged recapitalization makes a firm more vulnerable to unexpected business problems including recessions and financial crises. https: //store. theartofservice. com/the-recapitalization-toolkit. html

Dividend recapitalization 1 Typically a dividend recapitalization will be pursued when the equity (finance)|equity investors are seeking to realize value from a private company but do not want to sell their interest in the business. https: //store. theartofservice. com/the-recapitalization-toolkit. html

Leveraged recapitalization These types of recapitalization can be minor adjustments to the capital structure of the company, or can be large changes involving a change in the power structure as well. 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Leveraged recapitalizations are used by privately held companies as a means of refinancing, generally to provide cash to the shareholders while not requiring a total sale of the company. Debt (in the form of bonds) has some advantages over equity as a way of raising money, since it can have tax shield|tax benefits and can enforce a cash discipline. The reduction in equity also makes the firm less vulnerable to a hostile takeover. 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Leveraged recapitalization 1 Therefore, the additional debt burden of a leveraged recapitalization makes a firm more vulnerable to unexpected business problems including recessions and financial crises. https: //store. theartofservice. com/the-recapitalization-toolkit. html

Emergency Economic Stabilization Act of 2008 - Bank recapitalization Roubini has advocated bank recapitalization (by providing cash in exchange for preferred shares) and suspending all dividend payments. [http: //web. archive. org/web/200 81012063512/http: //www. forbes. com/opini ons/2008/10/08/recession-depressionkeynes-oped-cx_nr_1009 roubini. html Our Choice 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Canadian National Railway - Deregulation and recapitalization Following its 1978 recapitalization and changes in management, CN (name changed to 'Canadian National Railway', using the shortened acronym 'CN' in 1960) started to operate much more efficiently, by assuming its own debt, improving accounting practices to allow depreciation of assets and to access financial markets for further capital 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Recapitalization 1 'Recapitalization' is a sort of a corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved. https: //store. theartofservice. com/the-recapitalization-toolkit. html

Recapitalization - Leveraged Recapitalization One example of recapitalization is a leveraged recapitalization, wherein the company issues Bond (finance)|bonds to raise money, and then buys back its own shares. Usually, current shareholders retain control. The reasons for this sort of recapitalization include: 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Recapitalization - Leveraged Buyout 1 Another example is a leveraged buyout, essentially a leveraged recapitalization initiated by an outside party. Usually, incumbent equityholders cede control. The reasons for this transaction may include: https: //store. theartofservice. com/the-recapitalization-toolkit. html

Greek financial crisis - Details about the sale of bank recapitalization shares The fourth systemic bank (Eurobank Ergasias|Eurobank), which failed to attract private investor participation in the first recapitalization program, and thus became almost entirely financed and owned by HFSF, also succeeded in the second round to introduce private investors; although this was only achieved by HFSF accepting in the process to dilute their amount of shares from 95. 2% to 34. 7%. 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

Greek financial crisis - Details about the sale of bank recapitalization shares 1 This estimated recovery of € 31. 3 bn comprise: A € 0. 6 bn positive cash balance stemming from its previous selling of warrants (selling of recapitalization shares) and liquidation of assets, € 2. 8 bn estimated to be recovered from liquidation of assets held by its bad asset bank, € 10. 9 bn of EFSF bonds still held as capital reserve, and € 17 bn from its future sale of recapitalization shares in the four systemic banks https: //store. theartofservice. com/the-recapitalization-toolkit. html

Southern Pacific Petroleum - Recapitalization In September 2007, the proposal of recapitalization of the company by Ascent Capital was accepted and on 28 May 2008, shareholders approved the recapitalization. At the same time all interests held by third parties in the Glassford Tenement, Central Queensland, were transferred to SPP and the company focued on exploration and development of mineral resources. 1 https: //store. theartofservice. com/the-recapitalization-toolkit. html

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