Inventors:
John Dickey - New York NY, US
Adam Dohrenwend - New York NY, US
Peter Jurdjevic - New York NY, US
Daniel Khouri - New York NY, US
Stanley Louie - Brooklyn NY, US
Vincent Vignale - New York NY, US
Assignee:
Citigroup Global Markets Inc. - New York NY
International Classification:
G06Q 40/00
Abstract:
The present invention relates to a method and system for offering mandatorily convertible securities (e. g. , DECS) with associated forward purchase contracts and call options. Each mandatorily convertible security combines a forward purchase contract, a mandatory portable remarketable security, and a call option to form a single investment unit. The call option provides additional capital to the issuer of the investment unit and profits to the remarketing agent handling the mandatory portable remarketable security.