One popular way for high-growth companies to raise money is by issuing convertible bonds. Convertible bonds allow holders to convert their bonds into stock at a specified price, thus participating in ...
New players in the investing game often ask what convertible bonds are, and whether they are bonds or stocks. The answer is that they can be both, but not at the same time. Essentially, convertible ...
Check Point Software Technologies Ltd. is raising $1.5 billion from the sale of a five-year zero-coupon convertible bond, partly to help fund share buybacks. The Tel Aviv-based cybersecurity firm is ...
Strategy, formerly known as MicroStrategy, said it plans to sell $2 billion of bonds that convert into stock. The convertible-debt offering is part of Strategy's audacious plan to raise $42 billion ...