modeling-rights-offering-arbitrage - Rights Offering Arbitrage Modeling
Analyze rights offering dynamics and model arbitrage scenarios
Tags
Updated: 2026-03-20Capabilities
Typical Inputs
Typical Outputs
What this skill does
- calculate TERP
- compute nil-paid rights value
- model arbitrage P&L
- assess dilution impact
- analyze subscription terms
- run sensitivity analysis
Inputs
- Cum-rights share price
- Subscription price
- Rights ratio
- Total shares outstanding
- New shares to be issued
- Offering proceeds
- Backstop fees
- Key dates
- Oversubscription terms
- Nil-paid rights trading price
- Issuer context
Outputs
- TERP summary table
- Arbitrage P&L matrix
- Dilution waterfall
- Key dates timeline
- Risk flags
Requirements
- Financial model access