A convertible bond is a type of fixed income security sold by public companies that can be converted into common shares of the issuing company’s stock. Convertible bonds work just like ordinary ...
Management has now said that the convertible bondholders have asked about exercising their options, implying up to 20% dilution is on the table. I am not as concerned about it; a lot of it should ...
Convertible bond returns increasingly are turning heads, making a case that the securities can be a core investment rather than a one-off strategic holding for investors. Neither bond nor equity, but ...
Over the last 16 months the central bank has raised the fed funds rate by more than 5% - the swiftest and most severe set of hikes in recent history. The not-so-distant memory of a 0% fed funds rate ...
The market for convertible bonds, the interest-paying securities that bondholders can choose to turn into common stock, is stirring again and attracting investors. Convertible bonds typically mature ...
SHANGHAI, Nov 8 (Reuters) - A rush of fundraising by Chinese banks has spurred the re-emergence of convertible bond funds in six years, as investors flock into the $13.5 billion market that has surged ...