Erik Sherman reports on business, economics, finance, tech, and law. A convertible bond is an investment vehicle that starts as a bond and then can turn into a stock. These bonds are often framed ...
(Reuters) -China-based data center operator VNET Group on Thursday raised $430 million in convertible bonds for investing in the wholesale internet data center projects under the current booming ...
Given recent market gyrations, it’s clear that more than a few investors are eyeing stocks nervously. After all, stock indexes touched all-time highs despite an economy in recession, a looming ...
Though convertible bond issuances are down this year, returns are solid and demand remains strong. There are also new buyers, Prasanth Burri Rao-Kathi, head of Americas Equity-Linked Capital Markets ...
It is also the company's first convertible-bond sale this year. L Strategy, formerly known as MicroStrategy, said it plans to sell $2 billion of bonds that convert into stock.
(Bloomberg) -- Chinese investors’ zeal for artificial intelligence-related assets fanned by DeepSeek has spread to convertible bonds, sending a benchmark index to its highest in more than two years.