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Verizon Communications issued a $3 billion zero-coupon convertible bond.
Techtronic raised US $140 million with a zero-coupon convertible bond in June.
One example is the auto and truck industry, where marketing is focused on zero-coupon financing and cash givebacks.
We find the derived zero-coupon credit spreads to be more volatile than risk-free rates.
Tomson will issue zero-coupon convertible bonds to raise US $50 million, through Deutsche Bank.
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