As interest rates have stayed higher for longer, convertible bonds continue to be a product of choice for many issuers.
In our latest installment of Markets Mindset, Mizuho Investment & Corporate Banking’s Head of Equity Capital Markets, Josh Weismer speaks to Mariano Gaut, Managing Director, Equity Capital Markets to understand the factors driving this uptick in convertible bonds from the perspective of corporates as well as investors.
Josh and Mariano explore the key trends they have seen in the convertible space over the last quarter. They also discuss whether we can expect these to continue going forward, before looking ahead to the refinancing wave set to play out as post-COVID issues come due.