Convertible bonds last year were faced with no choice but to deleverage their portfolios with the ban of short selling, and the seizing up of the credit markets cutting off their supply of debt ...
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By Miho Uranaka and Sam Nussey TOKYO, Feb 5 (Reuters) - Japan's Nippon Steel is considering selling as much as 500 billion yen ($3.2 billion) of convertible bonds, according to two sources with ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
As we can immediately see, the only fund with a higher yield than the Virtus Convertible & Income Fund II is the Advent Convertible & Income Fund. In isolation, this is something that will likely ...
Zijin Mining Group Co. is seeking to raise $1.5 billion from the sale of bonds that can be converted into stock as the price ...
The Virtus Convertible & Income Fund II (NCZ) is a closed-end fund that provides investors with a way to obtain a high level of current income without the need to invest in fixed-income securities.
The transformation of convertible bonds into shares of stock is usually done at the bondholder's discretion. Sometimes, the trigger on a convertible bond is share price performance. In those cases, ...