US firms are turning to the convertible bond market in droves in order to issue cheap debt before a potential global economic downturn.
August was the busiest month for new US equity-linked deals this year and the wave of issuance has continued into September. A combined total of $7bn has been raised in 15 deals as of September 17, including two jumbo deals from cloud software provider Okta and NextEra Energy
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.