Convertible bankers bullish after stellar 2020

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Convertible bankers bullish after stellar 2020

Aidan Gregory
December 10, 2020 02:00 PM
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12 November 2020, Bavaria, Freising: A woman in protective clothing is standing in a Covid-19 test center at Munich Airport. Lufthansa starts the first test runs to test all passengers for the corona virus before the start of the flight. On individual flights, all passengers are to undergo a rapid antigen test free of charge. Only after a negative result is available will the boarding pass be activated. Photo: Sven Hoppe/dpa | Sven Hoppe/DPA/PA Images

Corporate issuers have been turning to the convertible bond market in 2020 to repair balance sheets damaged by Covid-19 and to take advantage of growth opportunities the pandemic presents, spurring issuance to its highest levels in years. Conditions are set for a fair 2021 as well, said bankers.

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