The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 04, 2014
Filed:
Jul. 10, 2013
Citigroup Global Markets Inc., New York, NY (US);
John Dickey, New York, NY (US);
Adam Dohrenwend, New York, NY (US);
Peter Jurdjevic, New York, NY (US);
Daniel Khouri, New York, NY (US);
Stanley Louie, Brooklyn, NY (US);
Vincent Vignale, New York, NY (US);
Citigroup Global Markets, Inc., New York, NY (US);
Abstract
The present invention relates to a method and system for offering mandatorily convertible securities (e.g., DECS) with associated forward purchase contracts and call options. Each mandatorily convertible security combines a forward purchase contract, a mandatory portable remarketable security, and a call option to form a single investment unit. The call option provides additional capital to the issuer of the investment unit and profits to the remarketing agent handling the mandatory portable remarketable security.