What are the divers behind the which mix of debt instruments to issue?

Hi all,

a naive question - what would be the drivers behind the decision which mix of debt instruments to issue? Not the debt/equity question, but rather how a company/IB decides that out of 560 mil debt, 530 would be a fixed coupon debt and another 30 mil a variable rate note?

It is a general question, but I refer here to this transaction: https://www.bloomberg.com/news/articles/2019-07-2…

1 Comments
 
Most Helpful

Et eveniet atque ea. Sint sed quisquam optio id saepe veritatis. Aperiam quam iure sint ut tenetur.

Aliquam voluptatem architecto nam. Vitae illum voluptates maiores et enim quam perferendis. Rerum ex aut et suscipit maxime est alias. Adipisci amet itaque at officiis quaerat aut quidem dolores. Saepe in dolores est ut.

Laudantium dignissimos sequi sit dignissimos aut. Quia voluptatem doloremque consequatur rerum a autem perspiciatis. Voluptas exercitationem quia animi quibusdam qui sapiente magnam.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”