Chinese convertibles: Equities in fancy dress?Oct 14, 2019 Learn More
Chinese corporate bonds that convert to A shares display equity-like characteristics. But investors who view these securities as equities in disguise are overlooking the complexities of the asset class.
Santander’s coco extension: The new market norm?Mar 18, 2019 Learn More
Banco Santander announced it would extend — i.e., not call — its additional-tier-one contingent-convertible (coco) bond. Was the market caught off guard?