This large tobacco and diversified food processor is looking to debt funds raised to refinance reach a large acquisition. It has a large “shelf” registration issue during the next two years, it authorizes submitted. At the time of the case, the market looks attractive and CEO of the company is trying to decide whether to cancel the debt, and if so, in what form. Teaching objective: Students familiar with the shelf registration form underwriting to analyze an issuer’s operating system … Read more »

This large tobacco and diversified food processor is looking to debt funds raised to refinance reach a large acquisition. It has a large “shelf” registration issue during the next two years, it authorizes submitted. At the time of the case, the market looks attractive and CEO of the company is trying to decide whether to cancel the debt, and if so, in what form. Should take students with the shelf registration form underwriting to an issuer’s operating and financial profile in preparation to go public market, analyze, and the position of the issuing company to the investment bankers who awarded will be checked business: teaching goal.
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from
Samuel L. Hayes,
Stephen Percoco
Source: Harvard Business School
18 pages.
Publication Date: Jul 24, 1991. Prod #: 292005-PDF-ENG
Philip Morris Companies, Inc. (A) HBR case solution