Goldman Sachs &co. LLC

Ivan Ross

Emerson P Jones

Paul Efron

David C Ryan

The present disclosure relates to methods for performing data processing operations associated with securities and security structures. More particularly, one embodiment of the present invention relates to a computer implementable method for performing data processing operations associated with a security, comprising: structuring the security to include a convertible note, which convertible note is convertible into a fixed number of shares of common stock of the issuer, which convertible note has associated therewith a maturity and which convertible note pays interest; and calculating whether a price of a share of common stock of the issuer is less than a predetermined threshold percentage of a conversion price associated with the note so that the note is not convertible if the price of the share of common stock of the issuer is less than the predetermined threshold percentage of the conversion price associated with the note.

Methods for performing data processing operations associated with securities and security structures

A method for structuring an obligation. More particularly, a method for structuring an interest-bearing obligation which is convertible into stock.

Method for structuring an obligation

Various embodiments of the present invention are directed to methods and systems relating to options on a debt transaction (e.g., put and call options may be utilized to create an economic effect similar to a reduction in debt of an issuer in exchange for enhancing the terms of a debt holder's existing debt investment). More particularly, one embodiment relates to a method implemented by a programmed computer system for use in a financial transaction involving a debt issuer and a debt holder, comprising: entering into a put/call contract between the debt issuer and the debt holder, wherein the debt issuer sells the put and buys the call and the debt holder buys the put and sells the call; inputting data associated with the put/call contract regarding conditions under which the debt issuer may retire outstanding debt of the debt issuer; inputting data associated with the put/call contract regarding conditions under which the debt holder may retire outstanding debt of the debt issuer; and retiring at least some of the outstanding debt, wherein the outstanding debt is retired utilizing calculations based upon the input data regarding conditions associated with the put/call contract under which the debt issuer and the debt holder may retire outstanding debt.

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Scarsdale, NY, United States of America

Ivan Ross