Advantages Of Securitisation In Nigeria

options to obtain the needed capital and how you would approach securing this type of financing.

A special purpose entity (SPE) is a business interest formed in order to perform a specific task or tasks. SPE’s are also referred to as off-balance sheet arrangements. SPE’s are formed to 1). Finance certain assets or services and keeping the associated debt off the balance sheet of the sponsors, 2).Transform certain financial assets, such as trade receivables, loans, or mortgages, into liquid securities, and 3). Engage in tax-free exchanges (Saroosh, 2004). Most of the SPE’s in the U.S. have been organized as limited liability corporations (LLC). A trust is also a common SPE in the U.S.

Intel’s capital structure dilemma was that it was holding too much cash on hand. Eventually, there were three available strategies or alternatives that Intel could undertake in terms of cash disbursement policies. First, it could continue or expand its market-repurchase program. Secondly, Intel could declare dividends to its shareholders on existing stocks. The last strategy is to put together a package of two unique securities: 1) A distribution of a two-year put warrant to its existing shareholders. 2) A distribution of 10-year convertible subordinated debentures to new

Finance. In order to finance our startup year, we issued stocks and borrowed loan to finance our operation and for safety in case the sales did not go well. Financing using stocks means that we are selling common or preferred stocks to individuals. In return for the money, they get some ownership over the company and its interest. This helps to bring public’s awareness about the company. If the sales suffice, we will pay the debt in the second round.

The issuance of risk-linked securities is a great strategy in supplementing traditional reinsurance, but these bonds still need to prove their value in the long-run.

Though bonds provide such safety, their yields are very low and have little potential for capital appreciation in the long-run for both the issuer and receiver. Besides, the low interest-rate of bonds makes the return on holding cash virtually non-existent (Voya & Scotia, 2009). Convertible bonds, however, offer a middle ground between the safety of bonds and the upside potential, and risk, of stocks. For this firm seeking income, higher-yielding convertibles bonds are the right options they can explore. This allows for the downside protection of a

Intending foreign owned companies must get Business permit, expatriate quota and fulfil all other incorporation conditions required by CAC as well as fulfil all licencing conditions stipulated by Nigerian Communications Commission through its 2003 Act.

It was determined that the liquidation of $209 million in cash and marketable securities and the addition of $50 million in long-term would result in a capital structure which was reasonable and sustainable. Overall, tax expense would be lower, the value of the firm would increase and the riskiness of the company’s equity would edge just a touch higher.

This study will use securitisation theory and documentary analysis to find that increased security from terrorism in the aftermath of the terrorist attacks of September 11, 2001 (9/11) terrorism took precedence over the civil liberties of privacy and freedom. This paper focuses on how the George W. Bush Administration, hereby referred to as the Bush Administration, successfully justified the infringement of civil liberties post-9/11 although it will also include the revelations of Snowden in 2013 and how this impacted on public opinion. Bush used religious discourse following 9/11 to manipulate public opinion and create a “powerful spirit of unity” (Garfinkle, 2005). Security will be defined as political security, as described by the

In making the case for securitisation, scholars establish the substantial security risks of an outbreak which makes a security-based approach more appropriate, and highlight the substantial amount of resources and awareness that flows from, and is justified by, the securitisation process. On the first contention, It is argued that national borders are weakened by globalisation, allowing infectious diseases to spread at an alarming rate around the world, as demonstrated by the 2003 SARS pandemic. This allows diseases to have the capacity to detrimentally affect the stability and survival of virtually any country or region, and the effects of such instability detrimentally affect the security of many other states. Additionally, with the

EXECUTIVE SUMMARY 1. INTRODUCTION 2. NATURE OF CONVERTIBLE BONDS 3. FINANCIAL ADVANTAGES AND DISADVANTAGES 3.1 3.2 ADVANTAGES DISADVANTAGES

This case study describes the IPO of Bajaj Corp Ltd., the second largest company in the Shishir Bajaj Group of companies. It also enlists the objectives and the process of the IPO, issued on 02-08-2010. It describes the merchant bankers and underwriters involved, and discuss post-issue effects on the company.

In the aftermath of the economic recession which pulled down many global banks and exposed multiple weaknesses in regulation and banking structures, the Basel Committee on Banking Supervision agreed to new rules on the minimum level (capital ratio) and composite structure of Banks capital on the 12th of September, 2010. Broadly speaking, the new rules which are widely referred to as Basel III (and are mainly Basel II plus new regulations based on lessons from the market crisis), still stipulate a minimum Total Capital Ratio of 8%. However, in addition to increasing the portion of the 8% requirement that is Core Tier 1 Capital (from 2% to

The Securities and Exchange Commission’s mission is to “protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The purpose of this paper is to examine three recent federal security laws to see if they uphold all parts of the SEC’s mission. The three laws to examine are Sarbanes Oxley Act (2002); Emergency Economic Recovery Stabilization Act (2008); and Dodd Frank Wall Street Reform and Consumer Protection Act (2010).

The question of an acceptable formula for revenue sharing among the component tiers of the Nigerian nation is one of the most protracted and controversial debates in the political and macroeconomic management of the economy. This debate has its foundations in the history and evolution of the Nigerian federation.