Introduction -
Convertible bonds are, customarily, fixed rate debt instruments issued by a company (the “issuer”), the terms of which allow the holders of the bonds to convert them into ordinary shares (common stock) of...more
Sustainability-linked bonds (“SLBs”) have fast become an important feature of the sustainable finance market. According to Climate Bonds Initiative, SLB issuance reached US$76.3 billion in 2022 and we have seen an...more
INSIGHT: REVERSE YANKEES -
In this briefing, we take a look at the basics of “Reverse Yankees” – offshore debt issuances by US issuers in a currency other than US dollars – when and why they might be an attractive funding...more