All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging Markets

Second coming for hybrids impresses issuers and investors

Corporate hybrids are back on the agenda. With senior debt likely to put pressure on ratings, and funding with equity an expensive alternative, hybrids are an increasingly attractive option to many borrowers. Meanwhile investors are tempted by their high returns in a low yield world. Philip Moore finds out whether the corporate hybrid is too good to be true.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree