Blue-Chip Companies Eye Convertible Bond Sales

The trend is a sign that soaring bond yields are spurring corporations to look at ways to cut their borrowing costs.

By Jill R. Shah & By Josyana Joshua | April 27, 2023 at 12:50 PM

A growing share of U.S. convertible bond issuance this year is coming from investment-grade companies, a sign that soaring bond yields are spurring corporations to look at ways to cut their borrowing costs.

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