Hybrid developments: coming to Australia soon?

15 February 2015

 

[private role='subscriber']The market for hybrid securities in overseas markets has seen some significant developments recently that could provide a glimpse of what could be in store for the domestic market before long. Total, the French oil group, recently saw demand of €20bn for its €5bn hybrid, the biggest such issue on a single day heralding the return of the hybrid after something of a hiatus in the post-GFC period. European firms...

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