About the Author

David Wigan is a writer and consultant who has for the past decade focused on capital markets and financial derivatives. In 2007 he left Reuters in London to set up public relations consultancy Perceptive Communications. He previously worked for Bloomberg News and for newspapers in the UK and Asia. He attended the University of Durham and Columbia University in New York and is a qualified solicitor.

Some of the world's foremost practitioners contributed to this report:

Mariëlle Vogt, Senior Advisor, Corporate Finance, KPN
Oliver Siem, Executive Vice President and Director of the Treasury Department, Eksportfinans
Ciaran O’Hagan, Senior Economist, Société Générale
Steve Sahara, Managing Director and Global Head of Hybrid Capital Structuring, Calyon
Sylvia Ewald, Head, European Medium Term Notes, Morgan Stanley
Simon Roue, Head of Equity-linked Origination for EMEA and Asia, Strategic Equity Transactions Group, Deutsche Bank
Hans Peter Lorenzen
, Director, European Credit Products Strategy Team, Citibank
David Keeble, Executive Director/Global Head of Interest Rates Strategy, Calyon
Rebecca Manuel, Managing Director, Head of European Corporate and Structured Loan Syndicate, The Royal Bank of Scotland
Jean-Francios Mazaud, Deputy Global Head of Capital Raising and Financing, Corporate &
Investment Banking, Société Générale
Oleksiy Soroka, Senior Credit Analyst, High Yield Consumer, Industrials, BNP Paribas
Kenneth Emery, Senior Vice President and Director of Corporate Default Research in the Credit Policy Research Group, Moody’s Investor Service
Ruth McGavin, Associate, Leveraged Commentary and Data, Standard & Poors
Conor Downey, Partner, London Capital Markets Group, Cadwalader, Wickersham and Taft