Financing S.A. Through Hybrid Securities (Part I)

Summary: The modern financing of public limited companies (S.A.) is shaped by market developments and technological advancements, leading to the emergence of hybrid financing securities. Traditional forms of capital reinforcement are being restructured to offer greater flexibility and adaptability. The goal is to create financial instruments that meet both the needs of issuing companies and the expectations of investors, optimizing capital structure and attracting investment. The key criterion for obtaining the necessary financing is the valuation of securities by potential investors. This article provides an overview of common hybrid securities that have gained traction in the investment landscape, some of which have already been legislatively regulated.