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How Fidelity Convertible Securities Fund wins big with hybrid bonds
Adam Kramer and Rick Gandhi manage a bond fund that posted a higher return than the S&P 500 last year. And it's one of the ...
The corporate hybrid bond market has recently drawn the attention of corporate bond issuers, investors and rating agencies. In a falling interest rate environment and generally constructive primary ...
Thus, we can see that income-focused investors may be happier going with one of PIMCO’s other funds rather than the PIMCO Dynamic Income Strategy Fund, as any of this fund house’s other funds will ...
Air France-KLM (the “Company”) successfully priced an issuance of €500 million hybrid bonds today, at an annual fixed coupon of 5.75% (yield at 5.875%) until the first reset date (the “Hybrid Bonds”).
Several years of corporate deleveraging and balance sheet repair would appear to be at an end. This June the euro corporate market boasted its biggest monthly volume since June 2003 (€19 billion ...
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