個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Tata Steel Limited: Convertible Alternative Reference Securities (B)
內容大綱
Set in India in 2009, the case is about Tata Steel Ltd (TSL), a global top ten steel producer. TSL's launch of a convertible bond offering in exchange for its convertible alternative reference securities issued in 2007 was in response to shifts in environmental factors. An analysis of the offer allows a valuation exercise and an assessment of a capital restructuring decision considering the interests of the issuer and of the investors.