M&A: Key Terms - Statistics

Jump to: Answer Stats | Score Distribution | Your Scores

General Stats

This quiz has been taken 15 times
14 since last reset
The average score is 12 of 30

Answer Stats

Hint	Answer	% Correct
Debt that is unsecured and is lower on the debt hierarchy than other debt claims (subordinated)	Junior debt	67%
Shares are only transferred after beneficiary of the this right is given the opportunity to buy	Pre-emption right	67%
The most common form of debt lending in the credit market and holds the most significant share of the market.	Senior debt	67%
Compulsory sale of shares of minority shareholders of a joint stock company	Squeeze out	67%
when a majority shareholder sells their stake, ensuring they can exit on the same terms/ minority shareholders brought into a sale, potentially against their wishes.	Tag/ drag along	67%
What right is it known as when transfer requires prior approval	Approval right	50%
Loan that is paid back all at once	Bullet loan	50%
Right to sell/ buy	Put/call option	50%
Contract between a corporation issuing new securities and a group that agrees to buy and sell for a profit	Underwriting agreement	50%
Capital equity market offering, offer shares in short period of time with little to no marketing	Accelerated book building	33%
Loan that is paid back over time	Amortisation loan	33%
Group of board members responsible for overseeing finance reporting, risk management etc.	Audit committee	33%
Issuance of new shares to finance new investments or acquisitions	Capital increase	33%
Offer of selling own shares in exchange for target's shares	Exchange offer	33%
A firm that exercises control over one or more additional firm(s)	HoldCo	33%
Letter that contains the commitment of the bank to finance an acquisition	Mandate letter	33%
The result of a hybrid debt issue being subordinated to another debt issue from the same issuer	Mezzanine debt	33%
New entity formed to affect a business combination	NewCo	33%
Group of board members responsible for examining the characteristics required of board members	Nomination committee	33%
The entity that operates the business being acquired	OpCo	33%
Allows shareholders allow them to buy shares at a lower than market value price	Open offering	33%
A series of mechanisms that aim to “push down” a portion of the borrowing taken on by the buyer of a company	Push down	33%
Group of board members responsible for setting salaries and other compensation	Remuneration committee	33%
Issue of rights to existing shareholders to allow them to buy additional shares	Rights offering	33%
A hybrid financing structure that combines elements of traditional senior and subordinated debt into a single debt facility	Unitranche debt	33%
Security that entitles holder to buy or sell stock	Warrant	33%
Option granted by a seller to a buyer to purchase a target company’s stock as a prelude to a takeover	Lock up clause	17%
Sell securities to a small number of accredited investors	Private placements	17%
Document containing amount/ interest rate, governing law of debt	Term sheet	17%
Legal document that helps to facilitate the transfer of property, such as land, from one individual or entity to another	Facilitation agreement	0%

Score Distribution

Percent of People with Each Score

Percentile by Number Answered

Your Score History

You have not taken this quiz since the last reset

Countries of the World Quiz

US States Quiz

All Disney Animated Movies

Roman Numeral Decoding Quiz

Pixar Movies Quiz

Countries with Four Letters

Official Languages of the World

7 Deadly Sins

Top 100 Harry Potter Characters by Mention

Countries with the Most Borders

NCAA Football Teams

Smallest Countries by Population and Area