Convertible Bonds in a Rising Rate Environment

By ICR Capital Team | Webinar

The panel was hosted by ICR Capital’s Raj Imteaz and Simpson Thacher’s Roxane Reardon, who provided an in-depth look at convertible bonds as a financing tool for corporate issuers in today’s rising rate environment. Raj and Roxane also shared an update on the convertible market, along with their perspectives on how to navigate the current landscape.

Topics discussed included:

• Current rate environment and historical context
• Impact on corporate balance sheets
• Ramifications of higher interest rates on convertible terms
• Strategies to reduce dilution and mitigate stock price impact
• Legal considerations, including change of control implications, covenants, and anti-dilution adjustments

Click here to view the replay.