Earlier, the CFO of GBATT had you look at capital and financial structures in general. Now, the CFO has asked you to look at the international debt and equity markets available for GBATT as a precursor to possibly changing the firm’s capital structure.
Analyze why GBATT may want to issue stock shares in a foreign market.
Identify 3 international equity markets and evaluate their attractiveness to GBATT.
Identify two groups of bonds in the international bond market, describe the characteristics of each group, and explain why GBATT may want to issue debt in each of the groups.