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

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

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

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

Synthetic convertibles, which combine a company's bond with a listed call option ... in 2013 after spending 13 years working on convertible arbitrage strategies at various hedge funds.

In the latest in our regular series, Portfolio Adviser hears from Tony Maddock, head of third party distribution, Lazard ...

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

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

Commissions do not affect our editors' opinions or evaluations. Bonds are a core component of any well-diversified investment portfolio. Their role is two-fold: To generate income and bolster ...

Investors often include foreign or international bonds in their portfolios for a few primary reasons – to take advantage of higher interest rates or yields and to diversify their holdings.

and convertible preferred stock. Preference shares do not come with voting rights. The main difference between preference shares and bonds is that shares represent ownership of the company ...