Amid rising interest rates in 2023, convertible bond issuance picked up, and continues to surge in 2024. Convertible issuers typically benefit from the lower coupon rate compared to straight ...
Convertible bonds and convertible stocks are a tool that public companies often use for large financings to avoid disturbing their equity cap tables. Warren Buffett’s Berkshire Hathaway has been a big ...
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 ...
With bitcoin steady near its record price and the company's shares rebounding toward $450, five of the six bonds outstanding are deep in the money, meaning the stock price exceeds their conversion ...
REX Shares, a leader in exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF, a first-of-its-kind fund that provides exposure to convertible bonds ...