Corporate Cashflow Magazine articles from February 1990

Corporate Cashflow Magazine archives from February 1990

Auction or SABRES? Hybrid issues offer maximum flexibility. (share-adjusted, broker-remarketed equity securities)
February 1, 1990... Auction or SABRES? hybrid issues offer maximum flexibility In December, the Westinghouse Credit Corp. and J.P. Morgan & Co. came to market with major offerings of variable-term preferred stock. What makes these deals worth noting is that...

Leasing: close inspection brings to light true cost-benefit calculations.
February 1, 1990... leasing Close inspection brings to light true cost-benefit calculations Although the Tax Reform Act of 1986 left a cloud over equipment leasing by eliminating the investment tax credit and lengthening the lives of assets, leasing...

Cultivating equity: growing new capital in a post-debt era.
February 1, 1990... Cultivating equity: Growing new capital in a post-debt era On Oct. 12--the day before the 1989 stock-market "mini-crash"--the Coastal Corp. completed a 9.2 million share equity offering, part of a balance-sheet restructuring. So far,...

Pricing an IPO. (initial public offering)
February 1, 1990... Pricing an IPO An accurate way to set share value when going public The pricing of initial public offerings (IPOs) has been the subject of considerable study and debate in both financial and academic circles. Data showing unusually...

Taking a closer look at transaction costs.
February 1, 1990... Taking a closer look at transaction costs Investing in short-term, unsecured, highly rated, fixed-income securities has become as routine for many treasury departments as calling banks for balance information. A treasury manager intent...

Repos, repos, repos: a map of the minefield. (repurchase agreements) (Basis Points)
February 1, 1990... Repos, repos, repos: a map of the minefield When I checked in with my office, my assistant said that Dick had called and sounded pretty frustrated when he learned I was out of town. "There must be a deadline involved," she guessed. "Call him...

Event-risk covenants have bonds selling with Es. (bond ratings)
February 1, 1990... Event-risk covenants have bonds selling with Es After eight months of experience with event-risk protection ratings for corporate debt, some clear standards are emerging--and some tactics for achieving whatever protection is necessary to market...

New postal standards spark reassessments.
February 1, 1990... New postal standards spark reassessments Postal delivery standards, long recognized as a key variable in any corporation's collection equation, are poised to undergo dramatic changes. Treasury managers would be ill-advised, however, to rush to...

Low-cost terminals stop cash drain for 'innovation' winner.
February 1, 1990... Low-cost terminals stop cash drain for `innovation' winner It's relatively simple to solve treasury problems if you have a big budget. Once you identify the problem, you probably can afford the solution. It's tougher to solve treasury...