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Jersey cash box and convertible bond transactions

August 2012 - Finance. Legal Developments by Collas Crill.

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The use of cash box structures is becoming increasingly popular as means of facilitating equity or bond issues.

This note summarises the ways in which a UK public company listed on the London Stock Exchange or AIM may raise money using a Jersey company ‚Äėcash box‚Äô company, either by a placing of its shares or through the use of a convertible bond.

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