A preferred equity redemption cumulative stock (PERCS) that is designed to replicate its underlying mandatory conversion preferred stock. A key…
Another term or a synthetic high income equity-linked security (SHIELDS); a structured equity-linked note (ELN) that is issued not by...
An equity derivative (specifically an equity buy-write structure) that involves a mandatory conversion preferred stock (it resembles both convertible bonds…
An equity derivative (specifically an equity buy-write structure) that involves a mandatory conversion preferred stock (it resembles both convertible bonds...
An equity security that is designed to mimic the structure of a specific form of preferred equity redemption cumulative stock...
An acronym for preferred equity redemption cumulative stock. By definition, it is an equity derivative (specifically an equity buy-write structure)...
A PERCS security that is designed to replicate its underlying mandatory conversion preferred stock. A key feature of this synthetic...