143 days ago • Posted by William Ramstein

With rates this low, a record number of convertible bonds are issued

Airbnb on Tuesday announced a $2bn convertible deal, the biggest of the year so far, on the heels of Twitter, which announced a $1.25bn convertible bond issue on Monday and Spotify, which priced $1.3bn in notes last week. Beyond Meat increased the size of a convertible bond issue on Tuesday from $750m to $1bn. Source: Financial Times