Top Section/Ad
Top Section/Ad
Most recent
Stock drops 17% in highly volatile market
Convertible market's recovery continues with increased green deal
TAG Immobilien issues convertible bond
First equity-neutral for seven years is 'very good sign'
More articles/Ad
More articles/Ad
More articles
-
US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports. -
Momentum in the burgeoning green convertible bond market has continued this week with a new $125m issue from Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI), the New York-listed real estate investment trust focused on sustainable properties and assets.
-
Over $2.4bn of new convertible bonds have been issued into the US equity-linked market so far this week with the pace of deals showing little sign of slowing down in August, a traditionally quieter month of the year in other regions.
-
Envestnet Inc, the US provider of software to the wealth management industry, has raised $450m via the sale of a new convertible bond, joining the horde of software companies that have tapped the equity-linked market during the pandemic.
-
Convertible bond market participants are expecting a busy September for new issuance, including a potential resurgence of distressed deals if an economic recovery from the pandemic and associated lockdowns fails to materialise.
-
Wayfair, the US e-commerce company that sells home office furniture, has raised $1.32bn with the sale of a new convertible bond, after a surge in its stock price during the Covid-19 pandemic.
