Cash-Hungry Companies Reach for Lifeline in Convertible Bonds

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bonds that can convert into stocks are making up the biggest portion of equity fundraising since the financial crisis

Nearly 60% of all money raised in equity capital markets in April through Tuesday—totaling more than $12.

5 billion—has been through convertible-bond sales, according to Dealogic. That is the highest percentage since early 2008, and bankers say they expect to see many more convertible deals in the coming weeks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

US FED‘s sin

WALL STREET. NYSE/NASD. WALL STREET JOURNAL. ECONOMIC AMERICA/CORPORATE AMERICA. WORLD WIDE. I. ME. YOU. Real Estate. Infrastructure. Franchise. Network. Publication. Published since 1889 by DOW JONES & CO. Capitol. Capitol Hill. House Intelligence Committee.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Loopholes In Small Business Relief Program Allow Thriving Companies To Cash InThe Paycheck Protection Program is designed to help small businesses from falling off a cliff during the pandemic, but some companies on firm ground have gotten millions to expand. Could have been the point all along, no? Breaking news: WATER IS WET!! Oversight provided by Donald J Trump. EPIC FAIL AGAIN
Source: NPR - 🏆 96. / 63 Read more »

Nio says new 7 billion yuan investment for cash flow, product developmentA 7 billion yuan ($989 million) investment by investors into Nio China, a new entity controlled by Chinese electric vehicle maker Nio Inc, will smooth its cash flow and guarantee future product developments, its CEO said on Wednesday. Fraud chinese companies Nio... plastic on wheels
Source: Reuters - 🏆 2. / 97 Read more »