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Exchangeable mart grows as cheap financing option

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By Aidan Gregory
17 Jun 2021

A growing number of issuers are turning to exchangeable bonds to raise financing during the pandemic, with this week seeing a series of deals, including one from the Spanish banking foundation Criteria Caixa. Equity-linked bankers expect this issuance wave to continue as more clients seek to get in on the act. Aidan Gregory reports.

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By Aidan Gregory
17 Jun 2021