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What is Understanding IPO Tombstones in Finance about?
1) Microsoft Corporation issued four series of senior unsecured notes with maturity dates between 2013 and 2040 to raise $4.75 billion for general corporate functions like working capital, expenses, and stock repurchases. 2) Coca-Cola Enterprises issued $600 million in senior unsecured notes due in 2012 and 2015. The notes yielded 3.75% and 4.25% respectively. 3) The document discusses the effects of the 2008 financial crisis on several large companies and their reasons for raising funds through corpora
- Author
- Vishal
- Language
- EN