January 2011 (Revised December 2017)
Case
HBS Case Collection

Tombstones

By: Timothy A. Luehrman and David Lane

Format:Print
| Language:English
| Pages:15

Abstract

This case consists primarily of excerpts from term sheets and prospectuses for six securities offerings made by US companies during 2009-2010, just after the financial crisis and recession of 2008-09. There are three issues of senior unsecured notes, one floating rate note, one equity offering, and one convertible note. The issuers are Microsoft, Coca Cola Enterprises, Norfolk Southern, IBM, Ford Motor, and Cephalon.

Keywords

Financial Crisis; Equity; Debt Securities; Bonds; Motivation and Incentives; United States

Citation

Luehrman, Timothy A., and David Lane. "Tombstones." Harvard Business School Case 211-063, January 2011. (Revised December 2017.)

Related Work

- January 2013 (Revised October 2014)
- Faculty Research
Tombstones

By: Timothy A. Luehrman
- January 2011 (Revised December 2017)
- Faculty Research
Tombstones

By: Timothy A. Luehrman and David Lane