Nigerian Bank Recapitalisation: Offer Structure and Equity Repricing

Did Nigerian bank recapitalisation offer structure rank relative equity returns after definitive terms became public?

Abstract

This study separates offer size, cash call, pre-emption structure and headline discount across eight completed bank recapitalisations.

Keywords: Bank Capital / Equity Valuation · Equity Research

2 pages · Empirical Research · Methodology · Results · Robustness

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