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An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study
Includes bibliographical references.
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
Department of Finance and Tax
2015
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| _version_ | 1867613201179344896 |
|---|---|
| access_status_str | Open Access |
| author | Wormald, Simon |
| author2 | Holman, Glen |
| author_browse | Holman, Glen Wormald, Simon |
| author_facet | Holman, Glen Wormald, Simon |
| author_sort | Wormald, Simon |
| collection | Thesis |
| description | Includes bibliographical references. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/11058 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:21.936Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Finance and Tax |
| publisherStr | Department of Finance and Tax |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/11058 An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study Wormald, Simon Holman, Glen Financial Management Includes bibliographical references. The aim of this paper is to investigate Shoprite’s decision to issue convertible bonds despite South African firms tending to favour traditional forms of debt or equity. The paper first revisits the theory on convertible debt to consider the possible reasons for why Shoprite elected to issue convertible debt, and then develops two models, the first to quantify Shoprite’s debt capacity and cost of debt, the second to value the convertible bond issue, and quantify the benefit, if any, that convertible bonds achieved as opposed to a straight debt or equity issue. 2015-01-02T09:28:02Z 2015-01-02T09:28:02Z 2013 Master Thesis Masters MCom http://hdl.handle.net/11427/11058 eng application/pdf Department of Finance and Tax Faculty of Commerce University of Cape Town |
| spellingShingle | Financial Management Wormald, Simon An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| thesis_degree_str | Master's |
| title | An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| title_full | An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| title_fullStr | An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| title_full_unstemmed | An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| title_short | An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study |
| title_sort | analysis of the benefits of issuing convertible debt in south africa shoprite holdings ltd case study |
| topic | Financial Management |
| url | http://hdl.handle.net/11427/11058 |
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