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The convertible bond market is experiencing a severe issuance drought, despite looming rate rises
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A multitude of factors crushed equity-linked issuance towards the end of 2021 but there is hope that a revival of sorts could take place
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The global convertible market has had a strong year despite a slowdown since the summer months but several factors next year could make the product more attractive once again
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The German renewable energy company has ended a long dry spell for convertible issuance in Europe
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A drought of issuance of new convertible bonds has mystified equity capital markets bankers as stocks continue to trade at or near all-time highs.
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The company has become one of Europe's most prolific issuers of convertible bonds