Finance Director JetBlue is trying to decide which of the two offers funding to pursue. Direct share issue will dilute its ownership of major shareholders, "but it seems like a safe alternative in the industry, which is known for its high failure rate. On the other hand, the convertible debt alternative seems less dilutive, and cheaper, but brings with it the increased risk of default and financial problems. Which option should pursue John Owen? "Hide
by Nabil N. El-Hage, Christopher EJ Payton, Darren Smart Source: Harvard Business School 16 pages. Publication Date: May 2, 2007. Prod. #: 207061-PDF-ENG
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