Death Reincarnation Game Chapter 361: Business Action

bsp;The blue book plan is not thick, but it has nearly twenty pages. Even though Su Peng read it quickly, it took him five minutes to read it all.

"Is this your plan?"

Su Peng looked at Huo Lin doubtfully and threw the blue plan in his hand.

"Yes, although this plan is a little risky, it can ensure the maximum efficiency of your capital use, Mr. Su. Based on our understanding of the head of Leighton Company, Oniya Leighton, she has 100% If there is a possibility of more than 80%, accept the conditions we propose.”

"Is that so..."

Su Peng listened and tapped the leather sofa with his fingers.

I have to say that Merrill Lynch’s plan does have merit.

"I have some financial knowledge. According to your opinion, am I not temporarily unable to obtain any equity in Merrill Lynch?"

Su Peng tapped his fingers on the sofa and suddenly raised his head and asked.

"This is indeed the case... However, please trust the judgment of Merrill Lynch's legal counsel and experts in financial psychology, and act according to the plan in the plan. Although you will not be able to obtain the equity of Leighton Company in a short time, you can can achieve your goal."

Like a butler, Huo Lin stood in front of Su Peng with his hands down and said to Su Peng.

"Is that so..."

Su Peng pondered and began to think about the contents of this blue paper plan.

This plan is actually very creative. The specific manifestation is that Merrill Lynch's investment consultant does not recommend that Su Peng acquires Leighton Company now.

Because according to the feasibility report given by the other party, if Su Peng does this, it will increase the stock price of Leighton Company in a short period of time. In this way, the other party will get a relatively good-looking financial statement. Based on these, they can apply for additional shares. Obtain funds by issuing more shares.

In this way, the other party can get out of the predicament. Su Peng can only obtain a small part of the shares and cannot achieve his goal. Moreover, this small part of the shares will be diluted by the shares that Leighton Company continues to sell. That would really be making wedding clothes for others.

Merrill Lynch's plan is not to acquire Leighton Company, but to use Su Peng's money. Purchase the bonds issued by Leighton Company under the legal treaty, and then sign some restrictive subsidiary documents with Leighton Company. At the same time, you must also sign a gambling contract.

Su Peng has a little knowledge of financial knowledge and generally knows the difference between stocks and corporate bonds.

Stocks, to put it bluntly, are roughly equivalent to several people investing in a business together, regardless of whether the business is losing money or making a profit. The principal will not be returned in full, but dividends will be distributed in proportion.

That is, buy stock if the company's value decreases. Your principal will be reduced, the company's assets will increase, the value of your shares will increase, and the company will pay dividends. You can distribute dividends based on the shares, that is, the amount of the partnership contribution.

Because you are one of the investors. You have a certain say in matters in the company, and you can even directly hold specific positions to run the company.

Corporate bonds are another way.

When a company issues bonds, the buyer is equivalent to a borrower, lending money to the company. The company and the bond owner are not in a joint venture relationship. The bond owner is the creditor, but does not participate in the specific operations of the company, and the principal is If it is guaranteed, the company must return the principal in full when the term expires, and in addition to the principal, there is also a certain amount of interest.

The interest rate will be higher than the bank interest rate for half of the time.

But in general, creditors do not participate in the specific operations of the company. They do not legally have the right to convene a board of directors and serve as executive directors. They can only achieve their goals indirectly by exerting pressure.

The rights and obligations of shareholders and creditors are different, and the legal priority of creditors belongs to the priority shareholders. If the company goes bankrupt, the company's assets should be returned to the creditors first, and then wait until all the creditors' assets have been repaid. Return equity holders.

The plan from Merrill Lynch Bank is to let Su Peng borrow at least 400 million US dollars to purchase the corporate bonds of Leighton Company, and then obtain the rights of directors through indirect means.

These indirect means include four authority contracts and a gambling contract.

The authority contract includes: 1. After Su Peng purchased Leighton's corporate bonds, the board of directors convened to grant Su Peng equal equity qualifications corresponding to the creditor's rights within the bond repayment period. That is, through the resolution of the board of directors, he obtained The status of being a shareholder without equity.

Second, before the board of directors recognizes the debt repayment, Su Peng has the qualifications of a special director of the company, and stipulates that Su Peng has the right to convene directors to hold a board meeting.

Third, before Su Peng's debt is repaid, he will automatically obtain the qualification of executive director and gain the power to dispatch subordinate organizations in the company.

Fourth, the above rights will take effect immediately unless all directors unanimously agree to invalidate the rights and repay Su Peng's funds.

These four articles are not included in the regular provisions of company law, but are bilateral agreements between Su Peng, as a legal person, and Leighton Company.

According to Huo Lin, Su Peng believed that Merrill Lynch's negotiators would be able to handle this matter clearly and let Su Peng get what he wanted.

"The method sounds good, but it is a bit complicated. Will you guarantee that there will be no problems?"

Su Peng finally thought about it and still felt that this matter was quite reliable. If he became a creditor and obtained the rights of an equity holder, it could be considered.

"There will be twists and turns, but the goal will be achieved."

Huo Lin swore the guarantee, and he said confidently: "We have found a very reputable commercial company to purchase the information. We may know more about the current situation of Leighton Company than they do. Among Leighton Company, Most of the people in the company are looking forward to having money to solve their difficulties, and most of their shareholders are not people with particularly strong control. They just hope to make money. For those on the board of directors, there are many A gentleman like you doesn't care."

"That's good... If you are sure, then let's get rid of the people from Layton Company as soon as possible."

Su Peng said to Huolin that Huolin had issued a military order and was very motivated at this time. Su Peng signed the authorization procedures for this financial operation. Huolin immediately started running around, contacting the financial experts of Merrill Lynch and negotiating. Experts are ready to contact Merrill Lynch.

Su Peng completely acted as a hands-off shopkeeper. This matter was completely handed over to Huo Lin. It was also a test for him. If Huo Lin could not handle this matter, Su Peng would have to consider whether to change his position. investment consultant, or change to an investment bank.

In the following days, Su Peng was online, practicing "Expelling Objects", and offline, pondering his skills in reality.

About three days later, Huo Lin and two followers came to Su Peng's villa to find Su Peng.

"How is it? Is everything going well?"

Su Peng saw the joy on Huo Lin's face and felt that the matter was almost done, so he asked him.

"Not yet, but the last step is just around the corner."

Huo Lin said, and then he took out the meeting minutes of the past few days and handed them to Su Peng, saying: "We contacted the head of Leighton Company as quickly as possible, thanks to Merrill Lynch's experience over the years. Due to word of mouth, the other party seriously considered our proposal and sent a board invitation to convene the directors of Leighton Company for a meeting to discuss and vote. ”

“However, the other party also put forward two conditions before convening the board of directors.”

"The first condition is the quantity and time of purchasing Leighton's bonds. The total value of the bonds is not less than 450 million US dollars, and they are non-transferable within five years and cannot be returned in advance."

"The second condition is that you can consider establishing your qualifications as a special director and executive director through a contract. However, your priority in the company is based on the equity arrangement equal to your debts and will not be higher. The priority of the orders of the company's chairman and equity exceeds that of your directors, and of course, does not exceed the priority of decisions made by the board of directors collectively."

Su Peng frowned slightly after hearing this.

After thinking for a while, Su Peng said: "We can talk, but I have a few additional conditions."

"Bonds can be non-monopolyable and non-returnable in advance, but the time must be shortened to within three years."

"Moreover, I want a preemptive stock option. After three years, I have the right to choose to use the money I loaned to Layton Company to subscribe for stocks or ask them to pay back the money. If the market value of Layton Company increases and the stock price increases, I request to subscribe for stocks based on the stock price when I borrowed the money. If their stock price drops, I have the right to ask them to repay the interest."

"Secondly, the voting rights of independent directors in the company can be calculated based on the equity equivalent of our bonds as they said, but the rights of executive directors should be elevated to the same status as the chairman."

Su Peng’s two conditions, one is to ensure that his investment will not suffer losses, and the other is to obtain the right to use the violent organization of Leighton Company that he wants. Without these two conditions, he probably would not Invest in Layton Company.

Huo Lin nodded, stepped aside, and made a call directly.

Not long after, he covered the microphone of the phone, walked over, and said: "The other party did not say whether he agreed or not, but the secretary of Ouyani Leighton, chairman of Leighton Company, conveyed that Miss Ouyani invites you to attend Leighton The company’s board meeting will be held in a day’s time, and the directors of Leighton Company will discuss this matter together.”

After hearing this, Su Peng pondered for a moment, but after thinking about it, going to the meeting would not be missing a piece of meat. He nodded and said: "Okay, reply to them, I will definitely be there when the time comes."

Huo Lin nodded, whispered a few words into the phone, and then closed the line.

Su Peng stood in the living room of his villa and took a deep breath.

"Ou Yani from Layton Company... I don't know, what kind of woman is she?"

Su Peng thought... (To be continued...)