Long-TermDebt幻灯片.pptVIP

Corporate Finance  Ross ? Westerfield ? Jaffe;Chapter 20 Long-Term Debt;20.1 Long Term Debt: A Review;Features of a Typical Bond;Features of a Hypothetical Bond;20.2 The Public Issue of Bonds;Principal Repayment;Protective Covenants;The Sinking Fund;20.3 Bond Refunding;Bond Ratings: Below Investment Grade;Junk bonds;20.5 Different Types of Bonds;Puttable bonds;Convertible Bonds;Convertible Bond Prices;Example of a Convertible Bond;More on Convertibles;Example of an Exchangeable Bond;20.6 Direct Placement Compared to Public Issues;20.7 Long-Term Syndicated Bank Loans;20.8 Summary and Conclu