The US convertible securities market could test its pandemic-era highs in 2025, bankers say, with interest rates remaining above where many on Wall Street expected and a crypto asset-related strategy that shows no sign of going away soon.
Equity-linked securities issued by American companies reached $81 billion in volume this year, a 46% increase on 2023 and the third highest in more than a decade, data compiled by Bloomberg show. Next year that figure should be somewhere between $70 billion and $90 billion, according to
“We’re not going back ...
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