Under its reorganization plan, LyondellBasell issued common stock through a rights offering and in exchange for allowed creditor claims.

FORBES: Billionaire Blavatnik Makes Second Bet On Chemicals

Germany has issued Commerzbank with hybrid capital that bears losses alongside common stock, but which gets a fixed coupon.

ECONOMIST: Banks need equity, not hybrid capital

His holding company, Access Industries, started by purchasing common stock in LyondellBasell during the restructuring, issued through a rights offering and on the Pink Sheets.

FORBES: Focus