Equity-Linked - All Articles

  • Dufry raises Sfr820m with backing from Alibaba, Advent

    Swiss duty free operator Dufry has finished its Sfr820m at-market rights issue, which has enabled Advent International and Chinese e-commerce firm to take large strategic stakes in the company.

    • 20 Oct 2020
  • Green convertible bonds are here to stay

    Equity-linked investors are anticipating further sales of green convertible bond by companies as the nascent asset class continues to grow following a strong run of issuance this year.

    • 16 Oct 2020
  • Morphosys makes equity-linked debut with €325m convert

    Morphosys, the German biotech company, has tapped the equity-linked market with a new €325m convertible bond, adding to the flood of issuance from the sector during the pandemic.

    • 13 Oct 2020
  • Fiverr International places $400m convertible

    Fiverr International has become of the latest Israeli software company to tap the US convertible bond market for financing during the pandemic, raising $400m.

    • 09 Oct 2020
  • Cebu Air seeks $500m to tackle Covid impact

    Philippine carrier Cebu Air is looking to tap the equity markets for $500m, in an attempt to position itself for a recovery from the impact of the Covid-19 pandemic.

    • 08 Oct 2020
  • Sustainability-linked pricing to reach CBs after green wave

    The sustainability-linked debt structure, which has already spread from the loan market to corporate bonds, has made its first appearance in a convertible bond, with a deal by Dürr. CB specialists expect it will take root in that asset class too. Jon Hay and Aidan Gregory report.

    • 01 Oct 2020