The deal involved two legs: Vinci issued a cash-settled convertible bond and simultaneously bought OTC call options to hedge ...

the convertible arbitrage component pairs long convertible-bond positions hedged with short positions in the same companies' stock. The hedged equity strategy caps the upside and downside of long ...

Michael Saylor is the executive chairman and co-founder of MicroStrategy, a business intelligence company that pioneered the ...

convertible arbitrage, which trades mispriced convertible bonds hedged with the issuers’ underlying stock; and event-driven, a collection of various strategies that opportunistically invest ...

Vinci, the French concessions and construction company, launched a €400m equity-neutral convertible bond on Tuesday, the ...

Strategy, the self-styled Bitcoin Treasury company that until recently was called MicroStrategy Inc., said it acquired $742.2 ...

MicroStrategy’s bonds have also attracted hedge funds using a strategy known as convertible arbitrage. This involves buying the convertible bonds while shorting the company’s stock to profit from ...

MicroStrategy Inc.’s seemingly limitless moves to raise capital for its Bitcoin purchases have run into their first obstacle.

Sources: FactSet, Dow Jones Bonds: Bond quotes are updated in real-time. Sources: FactSet, Tullett Prebon Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon ...

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