The Euro-Medium-Term-Note (EMTN) Has Filled a Substantial Niche Market in Global

question 16

Essay

The Euro-medium-term-note (EMTN) has filled a substantial niche market in global financing. What are the distinguishing characteristics of the EMTN and why is it such a popular form of financing for MNEs?

---

Definitions:

Molecular Formula

A way of expressing information about the atoms that constitute a particular chemical compound, using symbols for the elements and numerical subscripts indicating the number of atoms involved.

Carbon-Carbon Double Bond

A chemical bond between two carbon atoms involving four bonding electrons, the basis of alkenes' structure and reactivity.

Geometry

The branch of mathematics concerning the properties and relations of points, lines, surfaces, solids, and higher dimensional analogs.

Alkene

Unsaturated hydrocarbons with at least one double bond between carbon atoms, exhibiting properties like addition reactions.