Looking For Yield? Here's A Convertible Prospect |
| April 10, 2014 | April 2014 Bond Updates |
|
If you’ve been following my posts, you know that the convertible market offers a once-in-a-generation opportunity to raise capital on the extraordinarily attractive terms. I can understand why companies that used to rely on convertibles for financing—the chipmaker Xilinx comes to mind—have turned to more traditional debt, given the low rates available. Xilinx’s latest capital raise included $500 million for five years at 2.125%. That’s tough to beat. |
| View more at: http://www.forbes.com/sites/billfeingold/2014/04/10/looking-for-yield-heres-a-convertible-prospect/ |
| Related News |
|