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Convertible market is hot, say bankers
Conditions still favourable for CB issuers
DocMorris announces Sfr200m rights issue expected in May
Stock drops 17% in highly volatile market
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Full results announced: Americana, DEWA and Air France-KLM also recognised as outstanding deals
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More companies are considering selling new shares or convertibles to ride out the volatility and the impact of rate hikes on balance sheets
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Rising interest rates have made equity-linked debt attractive for issuers
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Swiss issuer seeks up to Sfr75m with new convertible
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Sources suggest more synthetics over real convertibles is a worrying trend as bank issues 5 year into L’Oréal, but others are less concerned
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Equity-linked prospects grow as rising interest rates deter Asia’s bond issuers