Capital Subscription Fund
- Capital Subscription Fund
Capital Subscription Fund
A Capital Subscription Fund is method of funding used for listed companies whereby a facility is provided in exchange for ordinary stock in the company, typically at an agreed discount to the market price. The facility can be drawn down in tranches over a period of time or in a single transaction.
Considered more sophisticated than the traditional PIPE or Private Investments in Public Equity, where discounted stock is issued to raise capital for the issuer or Structured PIPEs that issue convertible debt.
Capital Subscription Funds are particularly attractive to small to medium sized publicly listed companies and offers advantages in time and costs required to raise funds over traditional forms of financing. Capital Subscription Funds are most likely to be used by companies during periods of growth and acquisition. They are also attractive to companies which face uncertainly accessing traditional equity financing.
The opportunity to invest in a Capital Subscription Fund is typically reserved for high net worth individuals and sophisticated or professional investors.
Wikimedia Foundation.
2010.
Look at other dictionaries:
Private investment capital subscription — A private investment capital subscription, commonly referred to as PICS, is a financial tool that relies on a small pool of investors’ money for real estate investments. The money managers of private investment capital subscriptions or PICS are… … Wikipedia
Emerging Capital Partners — Infobox Company company name = Emerging Capital Partners foundation = 2000 type = Private location = flagicon|USA Washington D.C. industry = Private Equity products = Private equity funds, Growth capital homepage = [http://www.ecpinvestments.com/ … Wikipedia
International Monetary Fund — Infobox Central bank bank name = bank name in local = International Monetary Fund image 1 = IMF.png image title 1 = IMF member states in green headquarters = Washington, D.C., USA president = Dominique Strauss Kahn leader title = Managing… … Wikipedia
Child Trust Fund — A Child Trust Fund (CTF) is a long term savings or investment account for children in the United Kingdom. New accounts cannot be created but existing accounts can receive new money. They have been replaced by Junior ISAs. The UK Government… … Wikipedia
trust fund doctrine — The principle, commonly known as the American doctrine, that the property of a corporation must be appropriated to the payment of debts before any assets are distributed among stockholders. Wood v Dummer (CC Me) 3 Mason 308, F Cas No 17944;… … Ballentine's law dictionary
European System of Central Banks — European Union This article is part of the series: Politics and government of the European Union … Wikipedia
European Central Bank — European Central Bank … Wikipedia
Alexander Hamilton — Infobox US Cabinet official name=Alexander Hamilton order=1st title=United States Secretary of the Treasury term start=September 11, 1789 term end=January 31, 1795 president=George Washington predecessor=(New office) successor=Oliver Wolcott, Jr … Wikipedia
World Bank — an international bank established in 1944 to help member nations reconstruct and develop, esp. by guaranteeing loans: a specialized agency of the United Nations. Official name, International Bank for Reconstruction and Development. * * *… … Universalium
Takaful — is an Islamic insurance concept which is grounded in Islamic muamalat (banking transactions), observing the rules and regulations of Islamic law. This concept has been practised in various forms for over 1400 years. It originates from Arabic word … Wikipedia
