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

NCZ-A offers a 5.5% cumulative annual dividend, trading at $20.59 with a current yield of 6.70%, and is eligible for ...

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

The structural incentives for an issuer to call a European-style hybrid at its first call date are very strong. Read more ...